Bank of America has restarted its coverage of LG Display (LPL, Financial), assigning a Neutral rating to the stock with a price target of KRW 10,000. This decision follows the company's ongoing restructuring efforts and its strategies aimed at generating operating profits in the years 2025 and 2026.
The analyst behind this assessment highlights that these initiatives may play a crucial role in stabilizing the company's stock, potentially preventing any significant declines in its market value. As the company navigates these changes, investors are advised to keep a close eye on LG Display's future developments, as these could influence its performance and stock trajectory.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for LG Display Co Ltd (LPL, Financial) is $3.50 with a high estimate of $3.50 and a low estimate of $3.50. The average target implies an upside of 20.27% from the current price of $2.91. More detailed estimate data can be found on the LG Display Co Ltd (LPL) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, LG Display Co Ltd's (LPL, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for LG Display Co Ltd (LPL, Financial) in one year is $3.72, suggesting a upside of 27.84% from the current price of $2.91. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the LG Display Co Ltd (LPL) Summary page.
