Media headlines about LG Display Co. (NYSE:LPL) have been trending positive recently, according to Alpha One Sentiment. The research group, a subsidiary of Accern, identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. LG Display Co. earned a coverage optimism score of 0.35 on Alpha One’s scale. Alpha One also gave news headlines about the electronics maker an impact score of 33 out of 100, indicating that recent press coverage is unlikely to have an impact on the company’s share price in the next several days.
LPL has been the subject of a number of research reports. Sanford C. Bernstein cut LG Display Co. from a “market perform” rating to an “underperform” rating in a report on Friday, March 3rd. They noted that the move was a valuation call. Zacks Investment Research lowered LG Display Co. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 28th. CLSA lowered LG Display Co. from an “outperform” rating to an “underperform” rating in a research note on Thursday, April 27th. Finally, ValuEngine raised LG Display Co. from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 9th. Four analysts have rated the stock with a sell rating, one has assigned a hold rating, five have given a buy rating and two have issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $14.73.
Shares of LG Display Co. (LPL) traded down 0.30% on Monday, hitting $16.36. The stock had a trading volume of 750,591 shares. The company has a 50-day moving average of $14.09 and a 200-day moving average of $13.23. LG Display Co. has a 52-week low of $10.25 and a 52-week high of $16.96. The company has a market cap of $11.71 billion, a P/E ratio of 8.57 and a beta of 0.44.
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About LG Display Co.
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.
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