Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for LG Display Co Ltd (NYSE: LPL) improved recently. LPL’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
On 7/29/24, LG Display Co Ltd (NYSE: LPL) stock declined by -2.2%, closing at $4.03. However, this decline was accompanied by unusually low trading volume at 55% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -9.4% during the last week.
Current PriceTarget Research Rating
LPL is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
LG Display has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. LG Display has a very high Appreciation Score of 90 but a slightly negative Power Rating of 30, resulting in the Positive Value Trend Rating.
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