LG Display Co. (LPL) Sets New 1-Year High at $14.36
LG Display Co. (NYSE:LPL) hit a new 52-week high during trading on Friday . The company traded as high as $14.36 and last traded at $14.25, with a volume of 173,505 shares traded. The stock had previously closed at $14.10.
A number of research analysts recently weighed in on the stock. Bank of America Corp. raised shares of LG Display from a “neutral” rating to a “buy” rating in a research report on Tuesday, July 19th. Zacks Investment Research raised shares of LG Display from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a research report on Wednesday, July 13th. Nomura raised shares of LG Display from a “reduce” rating to a “neutral” rating in a research report on Tuesday, June 28th. Credit Agricole SA raised shares of LG Display from a “sell” rating to an “outperform” rating in a research report on Wednesday, July 6th. Finally, TheStreet downgraded shares of LG Display from a “buy” rating to a “hold” rating in a research report on Tuesday, May 24th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $12.48.
The company’s 50-day moving average price is $13.26 and its 200 day moving average price is $11.15. The stock has a market capitalization of $10.23 billion and a P/E ratio of 123.28.
LG Display Co, Ltd. manufactures thin-film transistor liquid crystal display (TFT-LCD), organic light emitting diode (OLED) and other display panel technologies. It 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.
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