The Lendlease Group (ASX: LLC) share price has started the week with a small gain and is up just under 1% to $16.40 in afternoon trade.
But as far as one leading broker is concerned, this small gain could be the start of much greater gains in the near future.
According to a research note out of UBS this morning, its analysts have reiterated their buy rating and increased their price target on Leadlease's shares to $17.70.
UBS appears to be impressed with the win rate of its engineering segment and the impact it will have on its overall results.
Should the Lendlease share price reach the investment bank's price target, it would mean a potential return of almost 8% from the current share price.
Lendlease shares have had a strong first-half and are up 12% year-to-date.
