LG Display (NYSE:LPL) Upgraded at StockNews.com

StockNews.com upgraded shares of LG Display (NYSE:LPL) from a hold rating to a buy rating in a report published on Monday morning.

Separately, Bank of America began coverage on shares of LG Display in a research report on Thursday, April 24th. They set a “neutral” rating on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

LG Display Stock Down 0.6%

Shares of LPL opened at $3.21 on Monday. The stock has a market capitalization of $3.21 billion, a PE ratio of -1.33 and a beta of 1.41. LG Display has a 1 year low of $2.43 and a 1 year high of $4.86. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.43 and a current ratio of 0.64. The company’s 50-day simple moving average is $2.99 and its 200-day simple moving average is $3.21.

Institutional Trading of LG Display

A number of large investors have recently made changes to their positions in the company. Ieq Capital LLC purchased a new stake in shares of LG Display during the first quarter worth approximately $65,000. American Century Companies Inc. increased its stake in shares of LG Display by 2.6% during the first quarter. American Century Companies Inc. now owns 1,349,061 shares of the electronics maker’s stock worth $4,196,000 after buying an additional 33,874 shares during the period. Ethic Inc. increased its stake in shares of LG Display by 87.7% during the first quarter. Ethic Inc. now owns 163,998 shares of the electronics maker’s stock worth $505,000 after buying an additional 76,633 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of LG Display by 21.1% during the first quarter. PNC Financial Services Group Inc. now owns 106,695 shares of the electronics maker’s stock worth $332,000 after buying an additional 18,610 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in shares of LG Display during the first quarter worth approximately $44,000.

LG Display Company Profile

LG Display Co, Ltd., together with its subsidiaries, engages in the 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.