LG Display Co. (NYSE:LPL) was upgraded by equities researchers at TheStreet from a “hold” rating to a “buy” rating in a research note issued on Monday.

A number of other equities research analysts have also weighed in on LPL. Sanford C. Bernstein lowered shares of LG Display from an “outperform” rating to a “market perform” rating and set a $13.18 price objective on the stock. in a report on Friday, September 9th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of LG Display from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 28th. Deutsche Bank AG lowered shares of LG Display from a “buy” rating to a “hold” rating in a report on Wednesday, October 26th. Finally, Goldman Sachs Group Inc. started coverage on shares of LG Display in a report on Monday, November 21st. They issued a “sell” rating on the stock. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. LG Display currently has an average rating of “Hold” and a consensus price target of $12.82.

Analyst Recommendations for LG Display (NYSE:LPL)

LG Display (NYSE:LPL) opened at 12.01 on Monday. The company’s 50-day moving average is $12.32 and its 200-day moving average is $12.36. LG Display has a 52-week low of $8.43 and a 52-week high of $14.36. The firm has a market capitalization of $8.59 billion, a P/E ratio of 112.24 and a beta of 0.84.

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Hedge funds and other institutional investors have recently modified their holdings of the company. Boston Advisors LLC increased its position in shares of LG Display by 0.4% in the third quarter. Boston Advisors LLC now owns 66,480 shares of the company’s stock valued at $846,000 after buying an additional 235 shares during the last quarter. Verition Fund Management LLC increased its position in shares of LG Display by 5.1% in the third quarter. Verition Fund Management LLC now owns 11,709 shares of the company’s stock valued at $149,000 after buying an additional 572 shares during the last quarter. Quantitative Systematic Strategies LLC increased its position in shares of 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 last quarter. Wetherby Asset Management Inc. increased its position in shares of LG Display by 6.5% in the second quarter. Wetherby Asset Management Inc. now owns 27,200 shares of the company’s stock valued at $315,000 after buying an additional 1,660 shares during the last quarter. Finally, World Asset Management Inc increased its position in shares of LG Display by 8.3% in the second quarter. World Asset Management Inc now owns 44,291 shares of the company’s stock valued at $513,000 after buying an additional 3,400 shares during the last quarter. 3.42% of the stock is currently owned by institutional investors.

LG Display Company Profile

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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