LG Display Co., Ltd. (NYSE:LPL) has received an average recommendation of “Hold” from the twelve analysts that are covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $18.70.

Several research firms have commented on LPL. Cowen and Company reissued a “buy” rating and issued a $20.40 target price on shares of LG Display Co. in a report on Friday. CLSA lowered shares of LG Display Co. from an “outperform” rating to an “underperform” rating in a research note on Thursday, April 27th. Zacks Investment Research lowered shares of LG Display Co. from a “buy” rating to a “hold” rating in a research note on Tuesday, June 27th. UBS AG lowered shares of LG Display Co. from a “buy” rating to a “neutral” rating in a research note on Wednesday. Finally, BidaskClub lowered shares of LG Display Co. from a “buy” rating to a “hold” rating in a research note on Tuesday.

LG Display Co. (NYSE:LPL) opened at 14.24 on Friday. LG Display Co. has a 12-month low of $11.26 and a 12-month high of $17.05. The stock’s 50 day moving average is $15.99 and its 200 day moving average is $13.86. The company has a market cap of $10.19 billion, a P/E ratio of 7.49 and a beta of 0.39.

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Hedge funds have recently made changes to their positions in the company. Comerica Bank raised its stake in shares of LG Display Co. by 9.9% in the fourth quarter. Comerica Bank now owns 41,630 shares of the electronics maker’s stock worth $568,000 after buying an additional 3,752 shares during the last quarter. Macquarie Group Ltd. raised its stake in shares of LG Display Co. by 24.6% in the fourth quarter. Macquarie Group Ltd. now owns 234,621 shares of the electronics maker’s stock worth $3,015,000 after buying an additional 46,312 shares during the last quarter. Candriam Luxembourg S.C.A. acquired a new stake in shares of LG Display Co. during the first quarter worth approximately $2,724,000. Nationwide Fund Advisors raised its stake in shares of LG Display Co. by 3.8% in the first quarter. Nationwide Fund Advisors now owns 51,500 shares of the electronics maker’s stock worth $701,000 after buying an additional 1,900 shares during the last quarter. Finally, Profund Advisors LLC raised its stake in shares of LG Display Co. by 5.6% in the first quarter. Profund Advisors LLC now owns 62,575 shares of the electronics maker’s stock worth $852,000 after buying an additional 3,293 shares during the last quarter. 3.94% of the stock is owned by institutional investors.

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.

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

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