[Featured Stock] Earnings Improvement Expected... LG Display Up Over 4%

The stock price of LG Display, expected to show an improving performance trend, rose on the 21st.

As of 9:51 AM on the 21st, LG Display was trading at 10,100 won, up 390 won (4.02%) from the previous trading day.

On the same day, Hyundai Motor Securities maintained a buy rating and a target price of 12,000 won for LG Display, stating, "With an increase in organic light-emitting diode (OLED) panel shipments, performance is expected to improve."

Researcher Kim Jong-bae of Hyundai Motor Securities said, "Along with top-line growth, costs are being reduced and profitability is improving," adding, "Although the improvement is faster than expected, it is judged that this trend has not been fully reflected in the stock price."