Leighton Holdings (LEI) Stock Tip

Submitted by Craig Strzelecki on Wed, 17/05/2006 - 11:37.

JP Morgan has rated the Leighton Holdings Limited (LEI) stock as Underweight with a valuation of $15.26. Leighton management have lifted their earnings guidance from 15 per cent to 20 per cent profit growth. However, JP Morgan still views the Leighton (LEI) stock as too expensive, so there is no change to its rating. Leighton Holdings Limited is listed on the Australian Stock Exchange (ASX) under stock code LEI. Check your charts.

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