LG Display Co., Ltd. (NYSE:LPL) has received a consensus recommendation of “Hold” from the twelve brokerages that are covering the company, Marketbeat reports. Four analysts have rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $20.40.

Several research firms have recently commented on LPL. BidaskClub upgraded shares of LG Display Co. from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd. Cowen and Company reaffirmed a “buy” rating and issued a $20.40 price objective on shares of LG Display Co. in a report on Sunday, September 10th. ValuEngine raised shares of LG Display Co. from a “buy” rating to a “strong-buy” rating in a report on Friday, June 9th. Zacks Investment Research downgraded shares of LG Display Co. from a “buy” rating to a “hold” rating in a report on Saturday, July 29th. Finally, UBS AG downgraded shares of LG Display Co. from a “buy” rating to a “neutral” rating in a report on Wednesday, July 26th.

TRADEMARK VIOLATION WARNING: This report was first published by American Banking News and is owned by of American Banking News. If you are accessing this report on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this report can be read at https://www.americanbankingnews.com/2017/09/16/lg-display-co-ltd-lpl-receives-consensus-rating-of-hold-from-analysts.html.

LG Display Co. (NYSE:LPL) opened at 14.74 on Friday. The firm’s 50-day moving average is $13.76 and its 200 day moving average is $14.04. The stock has a market capitalization of $10.55 billion, a P/E ratio of 5.14 and a beta of 0.35. LG Display Co. has a 12 month low of $11.26 and a 12 month high of $17.05.

A number of hedge funds have recently bought and sold shares of the stock. USA Financial Portformulas Corp acquired a new stake in LG Display Co. in the second quarter worth about $773,000. Dynamic Technology Lab Private Ltd lifted its holdings in LG Display Co. by 107.6% in the second quarter. Dynamic Technology Lab Private Ltd now owns 41,116 shares of the electronics maker’s stock worth $660,000 after purchasing an additional 21,312 shares during the period. Verition Fund Management LLC acquired a new stake in LG Display Co. in the second quarter worth about $341,000. Cubist Systematic Strategies LLC acquired a new stake in LG Display Co. in the second quarter worth about $168,000. Finally, Stifel Financial Corp lifted its holdings in LG Display Co. by 1.7% in the second quarter. Stifel Financial Corp now owns 52,400 shares of the electronics maker’s stock worth $842,000 after purchasing an additional 900 shares during the period. 3.73% of the stock is owned by institutional investors and hedge funds.

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)

Receive News & Ratings for LG Display Co. Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LG Display Co. Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.