JPMorgan Chase & Co. Reiterates “Neutral” Rating for Leighton Holdings Limited (LEI)
Leighton Holdings Limited (ASX:LEI)‘s stock had its “neutral” rating reiterated by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Friday, Stock Ratings Network reports. They currently have a $3.00 target price on the stock.
A number of other firms have also recently commented on LEI. Analysts at Morningstar raised their price target on shares of Leighton Holdings Limited to $17.64 in a research note to investors on Thursday, November 14th. They now have an “accumulate” rating on the stock. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of A$16.08 ($14.36).
Shares of Leighton Holdings Limited (ASX:LEI) traded up 1.42% on Friday, hitting A$16.380. 997,841 shares of the company’s stock traded hands. Leighton Holdings Limited has a 1-year low of A$14.400 and a 1-year high of A$24.290. The stock’s 50-day moving average is A$16.16 and its 200-day moving average is A$17.01. The company has a market cap of A$5.524 billion and a P/E ratio of 12.13.
Leighton Holdings Limited is an international contractor. It operates in more than 25 countries in Asia, the Middle East, Southern Africa and throughout Australia.
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