Citigroup assumed coverage on shares of LG Display (NYSE:LPL) in a research report issued to clients and investors on Thursday, Marketbeat.com reports. The firm set a “buy” rating on the electronics maker’s stock.
A number of other analysts also recently issued reports on LPL. Zacks Investment Research raised shares of LG Display from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 26th. CLSA downgraded shares of LG Display from an “outperform” rating to an “underperform” rating in a report on Wednesday, October 24th. Four investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. LG Display currently has an average rating of “Hold” and a consensus target price of $15.00.
NYSE LPL opened at $7.48 on Thursday. The company has a quick ratio of 0.66, a current ratio of 0.91 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $5.47 billion, a price-to-earnings ratio of 3.12 and a beta of 1.06. LG Display has a 12-month low of $6.75 and a 12-month high of $15.88.
LG Display Company Profile
LG Display Co, Ltd. manufactures and sells thin-film transistor liquid crystal display and organic light-emitting diode (OLED) technology-based display panels in the Republic of Korea, China, Europe, rest of Asia, the United States, and internationally. It offers various display panels primarily for use in televisions, notebook computers, desktop monitors, tablet computers, and mobile devices.
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