Lendlease Group (LLESY) Downgraded 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 research report issued to clients and investors on Tuesday, October 17th, The Fly reports.

Shares of Lendlease Group (NASDAQ:LLESY) opened at 12.85 on Tuesday. The company has a 50 day moving average price of $14.00 and a 200-day moving average price of $13.06. Lendlease Group has a one year low of $9.68 and a one year high of $15.05. The stock has a market cap of $7.44 billion and a price-to-earnings ratio of 12.27.

TRADEMARK VIOLATION NOTICE: This article was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this article on another website, it was copied illegally and reposted in violation of US & international copyright & trademark law. The correct version of this article can be viewed at https://www.dispatchtribunal.com/2017/10/28/lendlease-group-llesy-rating-lowered-to-neutral-at-goldman-sachs-group-inc-the.html.

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.

The Fly

Receive News & Ratings for Lendlease Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lendlease Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply