LG Display Co Ltd. Stock Rating Lowered by Zacks (LPL)
LG Display Co Ltd. (NYSE:LPL) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued on Tuesday. They currently have a $16.50 price target on the stock. Zacks‘s price objective points to a potential upside of 12.70% from the company’s current price.
Shares of LG Display Co Ltd. (NYSE:LPL) traded up 3.76% on Tuesday, hitting $15.19. The stock had a trading volume of 223,731 shares. LG Display Co Ltd. has a 52-week low of $10.46 and a 52-week high of $15.18. The stock’s 50-day moving average is $13.84 and its 200-day moving average is $12.64. The company has a market cap of $10.870 billion and a price-to-earnings ratio of 31.25.
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 analysts’ consensus estimate of ($0.04) by $0.06. On average, analysts predict that LG Display Co Ltd. will post $1.12 earnings per share for the current fiscal year.
A number of other analysts have also recently weighed in on LPL. Analysts at Macquarie upgraded shares of LG Display Co Ltd. from a “neutral” rating to an “outperform” rating in a research note on Monday, June 9th. 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 issued a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $16.50.
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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