LG Display Co., Ltd. (NYSE:LPL) was downgraded by stock analysts at UBS AG from a “buy” rating to a “neutral” rating in a research note issued to investors on Wednesday, The Fly reports.

Other equities research analysts have also issued reports about the company. Zacks Investment Research upgraded LG Display Co. from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a report on Tuesday. BidaskClub lowered LG Display Co. from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 1st. ValuEngine upgraded LG Display Co. from a “buy” rating to a “strong-buy” rating in a report on Friday, June 9th. Finally, CLSA lowered LG Display Co. from an “outperform” rating to an “underperform” rating in a report on Thursday, April 27th. Four analysts have rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of $15.09.

Shares of LG Display Co. (LPL) traded down 1.52% during mid-day trading on Wednesday, reaching $14.27. 1,254,646 shares of the company’s stock traded hands. The company has a market capitalization of $10.21 billion, a P/E ratio of 7.50 and a beta of 0.39. LG Display Co. has a 1-year low of $11.26 and a 1-year high of $17.05. The firm has a 50-day moving average price of $16.09 and a 200-day moving average price of $13.84.

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Large investors have recently bought and sold shares of the company. Morgan Stanley raised its stake in LG Display Co. by 18.1% in the first quarter. Morgan Stanley now owns 1,439,421 shares of the electronics maker’s stock valued at $19,604,000 after buying an additional 220,866 shares during the period. Aperio Group LLC raised its stake in LG Display Co. by 33.8% in the second quarter. Aperio Group LLC now owns 739,439 shares of the electronics maker’s stock valued at $11,883,000 after buying an additional 186,817 shares during the period. Thomas White International Ltd. raised its stake in LG Display Co. by 2.4% in the first quarter. Thomas White International Ltd. now owns 732,496 shares of the electronics maker’s stock valued at $9,977,000 after buying an additional 17,451 shares during the period. Parametric Portfolio Associates LLC raised its stake in LG Display Co. by 32.4% in the first quarter. Parametric Portfolio Associates LLC now owns 626,003 shares of the electronics maker’s stock valued at $8,526,000 after buying an additional 153,260 shares during the period. Finally, Karp Capital Management Corp bought a new stake in LG Display Co. during the first quarter valued at $7,527,000. Hedge funds and other institutional investors own 3.94% of the company’s stock.

About LG Display Co.

LG Display Co, Ltd. manufactures thin-film transistor liquid crystal display, organic light emitting diode and other display panel technologies. The Company manufactures display panels in a range of sizes and specifications primarily for use in televisions, notebook computers, desktop monitors, tablet computers and various other applications, including mobile devices.

The Fly

Analyst Recommendations for LG Display Co. (NYSE:LPL)

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