Lend Lease on the cheap

Shares in Lend Lease are currently trading at about 9.4 times Citigroup's forecast 2014 earnings, making it a 'buy' for the investment bank.

Lend Lease shares have gained 9.6% since July 1 when they were trading at $8.15. Now Citigroup analyst Guy Robinson recommends investors buy stock in the engineering and construction company.


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