Morgan Stanley Keeps Their Hold Rating on Lendlease Group (LLESF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 02 2024
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Source: Business Insider
Analyst Rating and Price Target: Morgan Stanley analyst Simon Chan has maintained a Hold rating on Lendlease Group (LLESF) with a price target of A$7.35, while the company's shares closed at $3.95. The consensus among analysts is also a Hold with a lower price target of $4.60.
Company Overview: Lendlease Group is a property and infrastructure development company operating in four segments: Property, Construction, Investment Management, and Infrastructure Development, with a current market cap of $3.34B and a P/E ratio of -3.39.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
