Lendlease Group (OTCMKTS:LLESY) Trading 11.4% Higher – Still a Buy?

Lendlease Group (OTCMKTS:LLESYGet Free Report)’s share price shot up 11.4% during trading on Monday . The stock traded as high as $2.1050 and last traded at $2.1050. Approximately 1,223 shares traded hands during trading, an increase of 26% from the average session volume of 971 shares. The stock had previously closed at $1.89.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Lendlease Group to a “hold” rating in a research report on Tuesday, April 7th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Lendlease Group currently has a consensus rating of “Hold”.

Check Out Our Latest Report on Lendlease Group

Lendlease Group Stock Performance

The business has a 50 day simple moving average of $2.15 and a 200-day simple moving average of $2.76.

Lendlease Group Company Profile

(Get Free Report)

Lendlease Group is a multinational property and infrastructure company headquartered in Sydney, Australia. The firm specializes in end-to-end capabilities spanning development, construction, project management, investment, and asset and property management. Its offerings cover residential, commercial, retail, logistics, and social infrastructure sectors, with a focus on sustainable and integrated urban regeneration.

Founded in 1958 by Dutch-born engineer Dick Dusseldorp, Lendlease has grown from its origins in Australian housing development to become a global player.

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