LG Display Co Ltd. Sets New 52-Week High at $16.79 (LPL)
LG Display Co Ltd. (NYSE:LPL) reached a new 52-week high during trading on Monday , American Banking and Market News reports. The stock traded as high as $16.79 and last traded at $16.78, with a volume of 41,238 shares trading hands. The stock had previously closed at $16.46.
A number of analysts have recently weighed in on LPL shares. Analysts at Sanford C. Bernstein downgraded shares of LG Display Co Ltd. from a “market perform” rating to an “underperform” rating in a research note on Friday, July 18th. 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. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company’s stock. LG Display Co Ltd. currently has a consensus rating of “Hold”.
The stock’s 50-day moving average is $16.09 and its 200-day moving average is $13.72. The company has a market cap of $12.051 billion and a P/E ratio of 24.33.
LG Display Co Ltd. (NYSE:LPL) last posted its quarterly earnings results 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. Analysts expect that LG Display Co Ltd. will post $1.24 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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