BNP Paribas upgraded shares of LG Display (NYSE:LPL) from a reduce rating to a hold rating in a research note released on Wednesday, The Fly reports.

Other equities analysts also recently issued research reports about the company. Zacks Investment Research raised LG Display from a hold rating to a buy rating and set a $10.00 price target for the company in a research report on Tuesday, January 29th. CLSA downgraded LG Display from an outperform rating to an underperform rating in a research report on Wednesday, October 24th. ValuEngine raised LG Display from a sell rating to a hold rating in a research report on Thursday, January 31st. Finally, Citigroup began coverage on LG Display in a research report on Thursday, December 6th. They set a buy rating for the company. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of $12.50.

LG Display stock opened at $8.79 on Wednesday. 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 firm has a market cap of $6.29 billion, a price-to-earnings ratio of 3.66 and a beta of 0.76. LG Display has a fifty-two week low of $6.75 and a fifty-two week high of $14.64.

A number of institutional investors have recently added to or reduced their stakes in the business. Cornerstone Advisors Inc. boosted its holdings in shares of LG Display by 78.7% during the third quarter. Cornerstone Advisors Inc. now owns 3,992 shares of the electronics maker’s stock worth $35,000 after purchasing an additional 1,758 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of LG Display by 173.1% during the fourth quarter. Parallel Advisors LLC now owns 4,408 shares of the electronics maker’s stock worth $36,000 after purchasing an additional 2,794 shares during the last quarter. Susquehanna Fundamental Investments LLC acquired a new stake in shares of LG Display during the fourth quarter worth $102,000. Greenleaf Trust boosted its holdings in shares of LG Display by 64.9% during the fourth quarter. Greenleaf Trust now owns 16,582 shares of the electronics maker’s stock worth $136,000 after purchasing an additional 6,528 shares during the last quarter. Finally, Two Sigma Advisers LP acquired a new stake in shares of LG Display during the fourth quarter worth $158,000. 2.90% of the stock is owned by institutional investors.

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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Analyst Recommendations for LG Display (NYSE:LPL)

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