Lendlease Group (LLESY) Rating Lowered to Neutral at Goldman Sachs Group, Inc. (The)
Lendlease Group (NASDAQ:LLESY) was downgraded by analysts at Goldman Sachs Group, Inc. (The) from a “conviction-buy” rating to a “neutral” rating in a report issued on Tuesday, The Fly reports.
Lendlease Group (NASDAQ:LLESY) traded up 0.18% on Tuesday, reaching $14.60. 27,289 shares of the company’s stock were exchanged. The firm has a 50-day moving average of $14.04 and a 200-day moving average of $12.99. Lendlease Group has a 12 month low of $9.68 and a 12 month high of $15.05. The firm has a market capitalization of $8.46 billion and a price-to-earnings ratio of 13.94.
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About Lendlease Group
Lend Lease Group is an integrated international property and infrastructure company. The Company consists of Lend Lease Corporation Limited and its controlled entities, including Lend Lease Trust. Its segments include Property Development, Infrastructure Development, Construction and Investment Management.
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