Leighton Holdings (LEI) Recommendation

JP Morgan has rated the Leighton Holdings (LEI) stock as Underweight. The broker simply believes that the shares are simply too expensively priced considering their "relative sweet spot near-term associated with burgeoning engineering and mining contracting markets".

Leighton Holdings (LEI) Limited is listed on the Australian Stock Exchange (ASX) under stock code LEI. You can view their investor website here. Leighton Holdings Limited is the parent company of Australia's largest project development and contracting group. Group companies undertake activity for clients in the telecommunications, engineering and infrastructure, building and property, mining and resources, and environmental services markets. Operations span projects in Australia, SE Asia, NZ, Vietnam, China and South America. Previous LEI tip. Check your charts!