LG Display Co Ltd. Reaches New 52-Week High at $16.15 (LPL)
LG Display Co Ltd. (NYSE:LPL) shares reached a new 52-week high on Friday , StockRatingsNetwork reports. The stock traded as high as $16.15 and last traded at $16.13, with a volume of 149,900 shares. The stock had previously closed at $15.96.
A number of analysts have recently weighed in on LPL shares. Analysts at Zacks downgraded shares of LG Display Co Ltd. from an “outperform” rating to a “neutral” rating in a research note on Tuesday, June 24th. They now have a $16.50 price target on the stock. Separately, 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. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $16.50.
The stock has a 50-day moving average of $14.33 and a 200-day moving average of $12.86. The company has a market cap of $11.543 billion and a P/E ratio of 33.96.
LG Display Co Ltd. (NYSE:LPL) last announced its earnings results on Thursday, May 22nd. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.06. Analysts expect that LG Display Co Ltd. will post $1.06 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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