Zacks Investment Research downgraded LG Display Co Ltd. (ADR) (NYSE:LPL) to Sell in a statement released earlier today.
- Updated: November 29, 2016
Boasting a price of $12.01, LG Display Co Ltd. (ADR) (NYSE:LPL) traded -0.25% lower on the day. With the last stock price close down -2.80% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same period. LG Display Co Ltd. (ADR) has recorded a 50-day average of $12.32 and a two hundred day average of $12.36. Volume of trade was down over the average, with 155,592 shares of LPL changing hands under the typical 450,114
Zacks Investment Research has downgraded LG Display Co Ltd. (ADR) (NYSE:LPL) to Sell in a statement released on 11/30/2016.
With a total market value of $0, LG Display Co Ltd. (ADR) has 52 week low of $8.43 and a 52 week high of $14.36 with a P/E ratio of 112.24 .
In addition to Zacks Investment Research reporting its target price, a total of 4 firms have reported on the stock. The consensus target price is $11.02 with 1 firm rating the stock a strong buy, 1 brokerage rating the stock a buy, 1 brokerage rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On LG Display Co Ltd. (ADR) (NYSE:LPL)
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. The Company supplies ultra-high definition television panels. It also manufactures display panels for industrial and other applications, including entertainment systems, automotive displays, portable navigation devices and medical diagnostic equipment. It operates fabrication facilities, which include separately designated sets of fabrication production lines housed in certain facilities, located in its Display Clusters in Gumi and Paju, Korea and in Guangzhou China, and approximately four separately designated sets of fabrication production lines housed in certain facilities.
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