LG Display Co (NYSE:LPL) was downgraded by equities researchers at Credit Suisse from an “outperform” rating to a “neutral” rating in a research report issued on Friday, TheFlyOnTheWall.com reports.
A number of other firms have also recently commented on LPL. Analysts at Zacks downgraded shares of LG Display Co from a “neutral” rating to an “underperform” rating in a research note to investors on Friday, October 11th. They now have a $10.90 price target on the stock. Separately, analysts at Citigroup Inc. upgraded shares of LG Display Co from a “neutral” rating to a “buy” rating in a research note to investors on Friday, October 11th. Finally, analysts at Cantor Fitzgerald initiated coverage on shares of LG Display Co in a research note to investors on Friday, September 20th. They set a “hold” rating on the stock. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $19.63.
Shares of LG Display Co (NYSE:LPL) opened at 11.81 on Friday. LG Display Co has a 52 week low of $11.09 and a 52 week high of $16.80. The stock’s 50-day moving average is $12.27 and its 200-day moving average is $12.85. The company has a market cap of $8.452 billion and a price-to-earnings ratio of 16.13.
LG Display Co, Ltd. (NYSE:LPL) is a Korea-based company engaged in the manufacture of thin-film transistor liquid crystal display (TFT-LCD) in a range of sizes and specifications primarily for use in televisions, notebook computers and desktop monitors.
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