Leighton Holdings Limited Rating Reiterated by Morningstar (LEI)
Leighton Holdings Limited (ASX:LEI)‘s stock had its “hold” rating reiterated by stock analysts at Morningstar in a report issued on Tuesday, AnalystRatings.NET reports.
Leighton Holdings Limited (ASX:LEI) traded down 1.36% during mid-day trading on Tuesday, hitting A$19.520. The stock had a trading volume of 259,618 shares. Leighton Holdings Limited has a 1-year low of A$14.400 and a 1-year high of A$23.150. The stock’s 50-day moving average is A$20.42 and its 200-day moving average is A$17.53. The company has a market cap of A$7.372 billion and a price-to-earnings ratio of 13.18.
A number of other firms have also recently commented on LEI. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Leighton Holdings Limited in a research note on Thursday, March 27th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of A$9.25 ($8.64).
Leighton Holdings Limited is engaged in building, civil engineering, construction, contract mining, telecommunications, environmental services, property development and project management in Australia, and in Asia, the Middle East and Africa.
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