The stock of LG Display Co Ltd. (ADR) (NYSE:LPL) is a huge mover today! About 303,557 shares traded hands. LG Display Co Ltd. (ADR) (NYSE:LPL) has risen 24.63% since March 2, 2016 and is uptrending. It has outperformed by 16.37% the S&P500.
The move comes after 6 months positive chart setup for the $9.22 billion company. It was reported on Oct, 5 by Barchart.com. We have $20.68 PT which if reached, will make NYSE:LPL worth $5.26 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 stock of LG Display Co Ltd. (ADR) (NYSE:LPL) has “Underperform” rating given on Wednesday, September 23 by Bank of America. The rating was upgraded by Bank of America to “Buy” on Tuesday, July 19. The firm earned “Mkt Perform” rating on Friday, September 9 by Bernstein. Macquarie Research downgraded the stock to “Neutral” rating in Thursday, October 22 report. Cowen & Co initiated LG Display Co Ltd. (ADR) (NYSE:LPL) rating on Thursday, October 15. Cowen & Co has “Outperform” rating and $13.50 price target. The rating was initiated by Drexel Hamilton on Friday, October 9 with “Hold”. The rating was upgraded by Bernstein on Monday, August 31 to “Outperform”. The company was upgraded on Friday, May 20 by Deutsche Bank. On Thursday, July 23 the stock rating was downgraded by JP Morgan to “Neutral”. The rating was initiated by Barclays Capital with “Overweight” on Tuesday, June 21.
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.”
More important recent LG Display Co Ltd. (ADR) (NYSE:LPL) news were published by: Marketwatch.com which released: “LG Display Co. Ltd. ADR” on December 22, 2009, also Quotes.Wsj.com published article titled: “DOW JONES, A NEWS CORP COMPANY”, Fool.com published: “Why LG Display Co Ltd. Fell 11.6% in June” on July 09, 2015. More interesting news about LG Display Co Ltd. (ADR) (NYSE:LPL) was released by: Benzinga.com and their article: “10 New Findings About The Korean OLED Supply Chain” with publication date: April 14, 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.
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