Shares of LG Display Co. (NYSE:LPL) have been assigned a consensus recommendation of “Hold” from the eleven brokerages that are covering the stock. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $12.27.

Several equities research analysts have issued reports on the stock. Zacks Investment Research cut shares of LG Display from a “buy” rating to a “hold” rating in a research report on Tuesday, November 8th. Deutsche Bank AG cut shares of LG Display from a “buy” rating to a “hold” rating in a research report on Wednesday, October 26th. Sanford C. Bernstein cut shares of LG Display from an “outperform” rating to a “market perform” rating and set a $13.18 price objective for the company. in a research report on Friday, September 9th. They noted that the move was a valuation call. Finally, 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.

LG Display (NYSE:LPL) opened at 11.82 on Friday. LG Display has a 12 month low of $8.43 and a 12 month high of $14.36. The stock has a market capitalization of $8.46 billion, a price-to-earnings ratio of 91.98 and a beta of 0.84. The company has a 50-day moving average of $12.54 and a 200 day moving average of $12.24.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Orbis Allan Gray Ltd purchased a new position in LG Display during the first quarter valued at approximately $5,433,000. Quentec Asset Management LLC raised its position in LG Display by 10.3% in the first quarter. Quentec Asset Management LLC now owns 614,680 shares of the company’s stock valued at $7,025,000 after buying an additional 57,230 shares during the period. Capital Fund Management S.A. purchased a new position in LG Display during the second quarter valued at approximately $313,000. Quantitative Systematic Strategies LLC raised its position in LG Display by 11.2% in the second quarter. Quantitative Systematic Strategies LLC now owns 14,463 shares of the company’s stock valued at $162,000 after buying an additional 1,462 shares during the period. Finally, Shelton Capital Management raised its position in LG Display by 17.5% in the second quarter. Shelton Capital Management now owns 47,000 shares of the company’s stock valued at $545,000 after buying an additional 7,000 shares during the period. Hedge funds and other institutional investors own 3.32% of the company’s stock.

About LG Display

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.

5 Day Chart for NYSE:LPL

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