Cowen and Company restated their buy rating on shares of LG Display Co., Ltd. (NYSE:LPL) in a report released on Friday. The firm currently has a $20.40 price objective on the electronics maker’s stock.

LPL has been the subject of a number of other reports. Zacks Investment Research raised LG Display Co. from a strong sell rating to a strong-buy rating and set a $17.00 target price for the company in a research report on Friday, June 2nd. BidaskClub lowered LG Display Co. from a strong-buy rating to a buy rating in a research report on Saturday, July 1st. UBS AG lowered LG Display Co. from a buy rating to a neutral rating in a research report on Wednesday, July 26th. ValuEngine raised LG Display Co. from a buy rating to a strong-buy rating in a research report on Friday, June 9th. Finally, CLSA lowered LG Display Co. from an outperform rating to an underperform rating in a research report on Thursday, April 27th. Five equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of Hold and an average target price of $16.86.

LG Display Co. (LPL) opened at 14.23 on Friday. The firm has a 50-day moving average price of $15.88 and a 200-day moving average price of $13.87. LG Display Co. has a 12-month low of $11.26 and a 12-month high of $17.05. The company has a market cap of $10.18 billion, a P/E ratio of 4.87 and a beta of 0.39.

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A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Comerica Bank increased its position in shares of LG Display Co. by 9.9% in the fourth quarter. Comerica Bank now owns 41,630 shares of the electronics maker’s stock valued at $568,000 after buying an additional 3,752 shares during the period. Macquarie Group Ltd. increased its position in shares of LG Display Co. by 24.6% in the fourth quarter. Macquarie Group Ltd. now owns 234,621 shares of the electronics maker’s stock valued at $3,015,000 after buying an additional 46,312 shares during the period. Candriam Luxembourg S.C.A. acquired a new position in shares of LG Display Co. during the first quarter valued at $2,724,000. Nationwide Fund Advisors increased its position in shares of LG Display Co. by 3.8% in the first quarter. Nationwide Fund Advisors now owns 51,500 shares of the electronics maker’s stock valued at $701,000 after buying an additional 1,900 shares during the period. Finally, Profund Advisors LLC increased its position in shares of LG Display Co. by 5.6% in the first quarter. Profund Advisors LLC now owns 62,575 shares of the electronics maker’s stock valued at $852,000 after buying an additional 3,293 shares during the period. Hedge funds and other institutional investors own 3.98% of the company’s stock.

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.

Analyst Recommendations for LG Display Co. (NYSE:LPL)

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