▶주메뉴 바로가기

▶본문 바로가기

The Korea Herald
검색폼

THE INVESTOR
March 29, 2024

Stocks & Bonds

[EQUITIES] ‘LG Display gradually lifts earnings uncertainties’

  • PUBLISHED :March 20, 2018 - 11:28
  • UPDATED :March 20, 2018 - 11:28
  • 폰트작게
  • 폰트크게
  • facebook
  • sms
  • print

[THE INVESTOR] LG Display will progressively come out of uncertainties over earnings that have plagued it over the past one year, said KB Investment and Securities on March 20, maintaining a “buy” recommendation. 




Earnings will begin to improve from April as price of LCD panels will recover from the second quarter, forecast analysts Kim Dong-won and Hwang Go-un. 

Its stock price has fallen 14 percent over the past six months, reflecting slow first-quarter earnings in advance, and in the future is more likely to rise than decline, they added.

Its operating profit in the first quarter, though, will widely miss market expectations coming in at 31.2 billion won (US$29.13 million), said the analysts lowering the estimated operating profit for this year down 18.8 percent to 1.27 trillion won and target price to 37,000 won from 41,000 won.

By Hwang You-mee (glamazon@heraldcorp.com)

EDITOR'S PICKS