UBS analyst Tom Bodor maintained a Hold rating on Lendlease Group (LLESF – Research Report) today and set a price target of A$7.10. The company’s shares closed last Monday at $4.20.
Bodor covers the Real Estate sector, focusing on stocks such as Dexus, Lendlease Group, and Mirvac Group. According to TipRanks, Bodor has an average return of -1.1% and a 47.17% success rate on recommended stocks.
Currently, the analyst consensus on Lendlease Group is a Moderate Buy with an average price target of $5.32.
LLESF market cap is currently $2.82B and has a P/E ratio of -18.78.
Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LLESF in relation to earlier this year.
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Lendlease Group (LLESF) Company Description:
Lendlease Group is a property and infrastructure development company. It engages in designing, developing, constructing, funding, owning, co-investing or managing property and infrastructure assets. The company operates its business through four segments: Property, Construction, Investment Management, and Infrastructure Development. The Property segment involves in the development of urban communities, inner-city mixed-use developments, apartments, retail, commercial and healthcare assets. The Construction segment provides project management, engineering and construction services. The Investment Management segment involves in the property and infrastructure investment management, property management and asset management. The Infrastructure Development segment manages and invests in public private partnerships projects. Its projects include Hunter expressway, library at the dock, bulk water alliance, Lendlease tyco and Dr Chau Chak wing building. Lendlease Group was founded by Gerardus Jozef Dusseldorp in 1958 and is headquartered in Barangaroo, Australia.
