Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for LG Display Co Ltd (NYSE: LPL) weakened during the last several trading days. LPL’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
LG Display Co Ltd (NYSE: LPL) stock declined slightly by -0.5% on 8/9/24. The stock closed at $3.85. However, this decline was accompanied by below average trading volume at 68% of normal. The stock has been weak relative to the market over the last nine months and has declined -6.8% 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 (Neutral). 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 very low Power Rating of 10, producing the Neutral Value Trend Rating.
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