LEI

Stock Code
Stock Exchange
Leighton Holdings (LEI) is known as the parent company of a group consisted of Thiess, Leighton Contractors, Leighton Asia (Northern), Leighton Asia (Southern), John Holland and Leighton Properties, which all focus on project development as well as contracting businesses with activities including facilities management , operations and maintenance, environmental services, contract mining and engineering and building construction. The company’s headquarter can be found in St. Leonards, Australia.
Here is an update on the different sectors of Australian market from market analyst Macquarie Research Equities.
Record Oil - The Impact of Black Gold
MRE Macquarie Research Equities has retained Leighton Holdings (LEI) Outperform recommendation and $60.09 target Price.
Leighton Holdings (LEI) Still Money to Be Made in Construction
LEI has pulled back significantly in the past month after hitting it’s month high of $57.97 on 19th May and is now trading near it’s month low of $49.43. Macquarie Research Equities (MRE) attended LEI’s analyst briefing yesterday and were impressed with the companies progress. MRE retain their Outperform recommendation and $60.09 target Price, ~ 18.5% above yesterday’s close.
Leighton Holdings (LEI). MRE retained their outperform recommendation on the stock and have upgraded their 12 month price target on the stock to $60.09 (previously $54.76).
LEI – The Missing Link
Here is a strategy update on the Budget Impact on Equities provided by Australian market analyst UBS.
Strategy – Budget Impact on Equities
Centro Properties (CPN) was the overall best performing stock taking in a 42.10 percent increase. Among the best performing stocks for the week 14 of 2008 on the Australian sharemarket were a mixture of retail, learning services, project development, iron exploration, and property management: Centro Properties (CNP), ABC Learning (ABS), Leighton Holdings (LEI), Sundance Resources (SDL), APN UKA European Retail Property (AEZ). The best performing stocks for the week 14 managed gains above 17.13 percent by the end of the trading week.
Leighton (LEI) has a Neutral recommendation on their company shares with a $50.23 price target from stock analyst Macquarie Research Equities.
Leighton (LEI): Firing Up in India
Boom Logistics (BOL) was the overall worst performing stock taking in a 25.5 percent decrease in its share price this week. Among the worst performing stocks for the past trading week (week 7 for 2008) on the Australian sharemarket were a mixture of financial services, electronic, implant devices, constructing and logistics: Challenger FSG (CGF), Cochlear (COH), Leighton (LEI), Boom Logistics (BOL), JB Hi-Fi (JBH). These worst performing stocks for week 7 of 2008 were ranged from 12 percent to 25 percent in their losses.
Leighton Holdings (LEI) was the best performing stock trading on the Australian sharemarket's ASX 100 index this week (Winner of the week for week 40 of 2007). The contractor saw its shares rise from the construction boom by 8 percent or $4.15 in value closing at $55.65. The Australian dollar closed the week at US88.90 cents, gold at 736.35, All Ordinaries at 6617.3 and ASX 200 at 6605.4.
Arrow Energy (AOE) was the overall best performing stock taking in a 10.11 percent increase. Among the best performing companies for the past week (week 31 of 2007) on the Australian sharemarket were a mixture of project development, support services, energy and metal: Arrow Energy (AOE), Leighton Holdings (LEI), Brambles (BXB), Macquarie Airports (MAP). All the above best performing stocks for week 31 managed more than 2.85 percent gain by the end of the trading week.
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Top 50 Public Companies Listed on the Australian Stockmarket as at 18/07/2008
- BHP Billiton
- Commonwealth Bank of Australia (CBA)
- Rio Tinto
- National Australia Bank (NAB)
- Telstra (TLS)
- News Corporation or NewsCorp (NWS)
- Westpac Banking Corporation (WBC)
- Woodside Petroleum Limited (WPL)
- ANZ
- Woolworths Limited (WOW)
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- Fortescue Metals (FMG)
- CSL
- QBE Insurance
- St. George Bank Limited (SGB
- Newcrest Mining Limited (NCM
- Origin Energy Limited (ORG)
- Maquarie Group (MQG)
- AMP Limited (AMP)
- Leighton Holdings (LEI)
- Suncorp-Metway Limited (SUN)
- Brambles Limited (BXB)
- Santos Limited (STO)
- Coal & Allied (CNA)
- Incitec Pivot (IPL)
- Foster’s Group Limited (FGL)
- Orica Limited (ORI)
- BlueScope (BSL)
- AXA Asia Pacific Holdings Limited (AXA)
- Woodside Petroleum Limited (WPL)
- Insurance Australia Group Limited (IAG)
- Stockland (SGP)
- Lihir Gold Limited (LGL)
- Qantas Airways Limited (QAN)
- Oxiana Limited (OXR)
- Sims Group Limited (SGM)
- AGL Energy Limited (AGK)
- OneSteel Limited (OST)
- Transurban Group (TCL)
- Oil Search Limited (OSH)
- Coca-Cola Amatil Limited (CCL)
- Crown (CWN)
- Alumina (AWC)
- ASX (Australian Securities Exchange)
- Macquarie Infrastructure Group (MIG)
- Telecom Corporation of New Zealand (TEL)
- Computershare Limited (CPU)
- Aneka Tambang (Persero) TBK (ATM)
- Tabcorp Holdings (TAH)
