LG Display Co Ltd (NYSE: LPL) stock suffered a major decline of -10.7% on 12/18/23. The shares closed at $4.35. Moreover, this decline was accompanied by exceptionally high trading volume at 290% of normal. The stock has been weak relative to the market over the last nine months and has declined -8.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, LPL is expected to continue to be a modest Value Builder.
LG Display has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. LG Display has a very high Appreciation Score of 93 but a poor Power Rating of 21, producing the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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