LG Display Co., Ltd. (NYSE:LPL) Receives Consensus Rating of "Hold" from Analysts - MarketBeat

2022-09-10 00:30:45 By : Ms. Laurel Zhang

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Shares of LG Display Co., Ltd. (NYSE:LPL - Get Rating) have received an average recommendation of "Hold" from the eight brokerages that are currently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating on the company.

Separately, TheStreet lowered LG Display from a "c-" rating to a "d+" rating in a research note on Wednesday.Hedge Funds Weigh In On LG Display

Several institutional investors and hedge funds have recently bought and sold shares of LPL. Envestnet Asset Management Inc. acquired a new position in shares of LG Display in the 4th quarter valued at $585,000. Northern Trust Corp grew its position in LG Display by 29.0% during the fourth quarter. Northern Trust Corp now owns 70,396 shares of the electronics maker's stock valued at $712,000 after acquiring an additional 15,820 shares during the period. Allianz Asset Management GmbH increased its stake in LG Display by 13.4% during the fourth quarter. Allianz Asset Management GmbH now owns 77,438 shares of the electronics maker's stock worth $783,000 after acquiring an additional 9,165 shares during the last quarter. O Shaughnessy Asset Management LLC raised its holdings in shares of LG Display by 53.7% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 293,739 shares of the electronics maker's stock worth $2,967,000 after purchasing an additional 102,633 shares during the period. Finally, Glassman Wealth Services lifted its stake in shares of LG Display by 111.1% in the 4th quarter. Glassman Wealth Services now owns 3,291 shares of the electronics maker's stock valued at $33,000 after purchasing an additional 1,732 shares in the last quarter. Institutional investors and hedge funds own 2.39% of the company's stock. LG Display Price Performance

Shares of NYSE:LPL opened at $5.46 on Friday. LG Display has a 52 week low of $5.40 and a 52 week high of $10.78. The company has a 50-day moving average price of $5.87 and a 200 day moving average price of $6.70. The company has a market cap of $3.91 billion, a P/E ratio of 17.61 and a beta of 1.29. The company has a quick ratio of 0.49, a current ratio of 0.80 and a debt-to-equity ratio of 0.55. About LG Display (Get Rating)

LG Display Co, Ltd. engages in the design, manufacture, and sale of thin-film transistor liquid crystal display (TFT-LCD) and organic light emitting diode (OLED) technology-based display panels. Its TFT-LCD and OLED technology-based display panels are primarily used in televisions, notebook computers, desktop monitors, tablet computers, mobile devices, and automotive displays.Read MoreGet a free copy of the StockNews.com research report on LG Display (LPL)Is DocuSign On The Verge Of A Major Reversal?Oil and Gas Stocks: A Safe Way to Invest in Renewable EnergyWhen Will the Hangover Finally Be Over for Seagate Technology?Are These Green Energy Companies Right For Your Portfolio?Does Enphase Energy Have the Juice to Keep Powering Higher?

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