Shares of LG Display Co., Ltd. (NYSE:LPL) have been assigned an average rating of “Hold” from the twelve brokerages that are presently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a sell rating, three have issued a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $20.40.

A number of research analysts have commented on LPL shares. Cowen and Company restated a “buy” rating and issued a $20.40 price objective on shares of LG Display Co. in a research note on Friday, July 28th. Zacks Investment Research lowered shares of LG Display Co. from a “buy” rating to a “hold” rating in a research note on Saturday, July 29th. BidaskClub upgraded shares of LG Display Co. from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. Finally, UBS AG lowered shares of LG Display Co. from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 26th.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Morgan Stanley increased 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 purchasing an additional 220,866 shares during the period. Aperio Group LLC increased 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 purchasing an additional 186,817 shares during the period. Parametric Portfolio Associates LLC increased its stake in LG Display Co. by 17.7% in the second quarter. Parametric Portfolio Associates LLC now owns 736,779 shares of the electronics maker’s stock valued at $11,840,000 after purchasing an additional 110,776 shares during the period. Northern Trust Corp increased its stake in LG Display Co. by 13.1% in the second quarter. Northern Trust Corp now owns 415,899 shares of the electronics maker’s stock valued at $6,684,000 after purchasing an additional 48,334 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its stake in LG Display Co. by 18.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 327,800 shares of the electronics maker’s stock valued at $5,268,000 after purchasing an additional 51,400 shares during the period. Institutional investors own 3.72% of the company’s stock.

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Shares of LG Display Co. (NYSE:LPL) opened at 13.16 on Wednesday. LG Display Co. has a 12-month low of $11.26 and a 12-month high of $17.05. The stock has a market capitalization of $9.42 billion, a price-to-earnings ratio of 4.65 and a beta of 0.32. The firm has a 50-day moving average of $13.90 and a 200 day moving average of $14.22.

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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