LG Display Co Ltd. Sets New 1-Year High at $14.38 (LPL)
Shares of LG Display Co Ltd. (NYSE:LPL) reached a new 52-week high during trading on Tuesday , StockRatingsNetwork.com reports. The company traded as high as $14.38 and last traded at $14.30, with a volume of 220,555 shares trading hands. The stock had previously closed at $13.79.
Several analysts have recently commented on the stock. Analysts at Macquarie upgraded shares of LG Display Co Ltd. from a “neutral” rating to an “outperform” rating in a research note on Monday. Separately, analysts at Zacks upgraded shares of LG Display Co Ltd. from an “underperform” rating to a “neutral” rating in a research note on Thursday, April 24th. They now have a $14.30 price target on the stock. Finally, analysts at Credit Agricole downgraded shares of LG Display Co Ltd. from a “buy” rating to an “outperform” rating in a research note on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $14.30.
The stock has a 50-day moving average of $13.57 and a 200-day moving average of $12.40. The company has a market cap of $10.348 billion and a P/E ratio of 29.47.
LG Display Co Ltd. (NYSE:LPL) last issued its quarterly earnings data on Thursday, May 22nd. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.04) by $0.06. Analysts expect that LG Display Co Ltd. will post $1.12 EPS for the current fiscal year.
LG Display Co, Ltd. is a Korea-based company engaged in the development, manufacture and sale of display and related accessories.
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