Price Don’t Lie: LG Display Co Ltd. (ADR) Can’t Be More Safe. Trades Significantly Higher

Price Don't Lie: LG Display Co Ltd. (ADR) Can't Be More Safe. Trades Significantly Higher

The stock of LG Display Co Ltd. (ADR) (NYSE:LPL) is a huge mover today! About 472,083 shares traded hands or 37.53% up from the average. LG Display Co Ltd. (ADR) (NYSE:LPL) has risen 3.46% since April 5, 2016 and is uptrending. It has outperformed by 1.51% the S&P500.
The move comes after 6 months positive chart setup for the $8.66B company. It was reported on Nov, 8 by Barchart.com. We have $19.83 PT which if reached, will make NYSE:LPL worth $5.54 billion more.

LG Display Co Ltd. (ADR) (NYSE:LPL) Ratings Coverage

Out of 9 analysts covering LG Display (NYSE:LPL), 3 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 33% are positive. LG Display has been the topic of 13 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating by Cowen & Co given on Thursday, October 15. JP Morgan downgraded the stock to “Neutral” rating in Thursday, July 23 report. Barclays Capital initiated LG Display Co Ltd. (ADR) (NYSE:LPL) rating on Tuesday, June 21. Barclays Capital has “Overweight” rating and $14 price target. The firm has “Neutral” rating given on Tuesday, June 28 by Nomura. Bernstein downgraded the stock to “Mkt Perform” rating in Friday, September 9 report. The stock of LG Display Co Ltd. (ADR) (NYSE:LPL) has “Underperform” rating given on Wednesday, September 23 by Bank of America. The company was downgraded on Thursday, October 22 by Macquarie Research. As per Friday, October 9, the company rating was initiated by Drexel Hamilton. The company was upgraded on Tuesday, July 19 by Bank of America. On Friday, May 20 the stock rating was upgraded by Deutsche Bank to “Buy”.

According to Zacks Investment Research, “LG Display Co., Ltd., formerly known as LG Philips LCD Co., Ltd., primarily manufactures and sells thin film transistor liquid crystal display (TFT-LCD) panels. The Company supplies its products to original equipment manufacturers and multinational corporations. LG Display offers TFT-LCD panels in a range of sizes and specifications primarily for use in televisions, notebook computers, and desktop monitors, as well as for handheld application products, such as mobile phones; and medium and large size panels for industrial and other applications, including entertainment systems, portable navigation devices, e-paper, digital photo displays, and medical diagnostic equipment. LG Display Co., Ltd. is based in Seoul, the Republic of Korea.”

Another recent and important LG Display Co Ltd. (ADR) (NYSE:LPL) news was published by Benzinga.com which published an article titled: “How Could OLED Screens Shake Up Smartphone Supply Chains?” on November 07, 2016.

LPL Company Profile

LG Display Co., Ltd. incorporated on February 28, 1985, makes thin-film transistor liquid crystal display (TFT-LCD), organic light emitting diode (OLED) and other display panel technologies. The Firm makes 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. The Firm supplies ultra-high definition (UHD) television panels. The Firm also makes display panels for industrial and other applications, including entertainment systems, automotive displays, portable navigation devices and medical diagnostic equipment.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment