Stock Rating Downgrade
The Value Trend Rating for LG Display Co Ltd (NYSE: LPL) weakened recently from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 8/1/24, LG Display Co Ltd (NYSE: LPL) stock increased 1.5%, closing at $4.13. However, below average trading volume at 70% of normal accompanied the advance. Relative to the market the stock has been extremely weak over the last nine months and has declined -7.4% 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 C (High 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 90 but a slightly negative Power Rating of 33, leading to the High Neutral Value Trend Rating.
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