BNP Paribas Downgrades LG Display Co to Sell (LPL)
LG Display Co (NYSE:LPL) was downgraded by research analysts at BNP Paribas to a “sell” rating in a report released on Thursday, American Banking & Market News reports.
A number of other firms have also recently commented on LPL. Analysts at UBS AG raised their price target on shares of LG Display Co (NYSE:LPL) from $28.00 to $33.00 in a research note to investors on Thursday, August 1st. They now have a “sell” rating on the stock. Separately, analysts at Bank of America Corp. downgraded shares of LG Display Co (NYSE:LPL) to an “underperform” rating in a research note to investors on Wednesday, July 17th. Finally, analysts at Sanford C. Bernstein upgraded shares of LG Display Co (NYSE:LPL) from an “underperform” rating to a “market perform” rating in a research note to investors on Friday, July 12th.
Three research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. LG Display Co has an average rating of “Hold” and an average price target of $20.07.
LG Display Co (NYSE:LPL) opened at 13.00 on Thursday. LG Display Co has a one year low of $11.09 and a one year high of $16.80. The stock’s 50-day moving average is $12.84 and its 200-day moving average is $13.26. The company has a market cap of $9.303 billion and a price-to-earnings ratio of 17.76.
LG Display Co, Ltd. (NYSE:LPL) is a Korea-based company engaged in the manufacture of thin-film transistor liquid crystal display (TFT-LCD) in a range of sizes and specifications primarily for use in televisions, notebook computers and desktop monitors.
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