Jones Lang LaSalle (NYSE:JLL – Get Free Report) had its price target reduced by equities researchers at Barclays from $360.00 to $355.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has an “equal weight” rating on the financial services provider’s stock. Barclays‘s price target would suggest a potential upside of 18.64% from the company’s current price.
A number of other research analysts also recently issued reports on JLL. Zacks Research upgraded Jones Lang LaSalle from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. UBS Group increased their price objective on shares of Jones Lang LaSalle from $410.00 to $425.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Wall Street Zen upgraded shares of Jones Lang LaSalle from a “buy” rating to a “strong-buy” rating in a research note on Sunday, January 11th. Keefe, Bruyette & Woods cut their price target on Jones Lang LaSalle from $405.00 to $380.00 and set an “outperform” rating for the company in a research note on Tuesday, February 24th. Finally, Weiss Ratings upgraded Jones Lang LaSalle from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $363.17.
Check Out Our Latest Stock Report on Jones Lang LaSalle
Jones Lang LaSalle Stock Performance
Jones Lang LaSalle (NYSE:JLL – Get Free Report) last announced its earnings results on Wednesday, February 18th. The financial services provider reported $8.71 EPS for the quarter, topping analysts’ consensus estimates of $7.25 by $1.46. Jones Lang LaSalle had a return on equity of 12.50% and a net margin of 3.03%.The company had revenue of $7.61 billion for the quarter, compared to analysts’ expectations of $7.45 billion. During the same period last year, the firm earned $6.15 EPS. Jones Lang LaSalle’s revenue for the quarter was up 11.7% compared to the same quarter last year. As a group, equities analysts anticipate that Jones Lang LaSalle will post 16.45 EPS for the current year.
Insider Buying and Selling
In other Jones Lang LaSalle news, Director Deborah H. Mcaneny sold 2,500 shares of the stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $300.50, for a total transaction of $751,250.00. Following the completion of the transaction, the director owned 14,985 shares of the company’s stock, valued at $4,502,992.50. This represents a 14.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.91% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Jones Lang LaSalle
Several large investors have recently bought and sold shares of the business. Sunbelt Securities Inc. bought a new position in shares of Jones Lang LaSalle during the third quarter valued at approximately $25,000. International Assets Investment Management LLC bought a new position in Jones Lang LaSalle in the 4th quarter valued at $29,000. Activest Wealth Management increased its stake in Jones Lang LaSalle by 1,720.0% in the fourth quarter. Activest Wealth Management now owns 91 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 86 shares during the period. Hilton Head Capital Partners LLC purchased a new stake in shares of Jones Lang LaSalle during the fourth quarter valued at $35,000. Finally, Caldwell Trust Co bought a new position in shares of Jones Lang LaSalle in the second quarter worth about $38,000. Institutional investors own 94.80% of the company’s stock.
Key Jones Lang LaSalle News
Here are the key news stories impacting Jones Lang LaSalle this week:
- Positive Sentiment: JLL launched its Accelerate 2030 plan with long‑term targets — ~8% annual revenue growth, ~12% annual adjusted EBITDA growth and ~16% annual adjusted EPS growth — and raised its buyback capacity to $3.0 billion (plans an immediate $200M accelerated repurchase). That combination signals management confidence in cash generation and EPS leverage. Read More.
- Positive Sentiment: Wall‑Street/Street research shows stronger bullishness — Zacks highlights a mean analyst price‑target implying ~32.9% upside, signalling consensus positive expectations and potential re‑rating if execution continues. Read More.
- Positive Sentiment: Zacks Research has raised multiple quarterly and FY EPS estimates and moved to a “Strong‑Buy” stance — analysts lifted near‑ and medium‑term EPS forecasts, which supports higher earnings expectations and valuation upside. Read More.
- Positive Sentiment: Investor interest indicators and deal flow are supportive: JLL’s capital‑markets activity (example refinancing deals) and lower short interest reduce technical headwinds and show ongoing fee‑generating transactions. Read More.
- Neutral Sentiment: Routine index/rebalancing disclosure tied to Russell 1000 activity was filed — informational and not an operational development. Read More.
- Negative Sentiment: Insider sale: Director Deborah McAneny sold 2,500 shares (~$751k) on March 10, reducing her holding by ~14.3% — a modest negative signal on insider sentiment though not indicative of company performance or a large, coordinated exit. Read More.
About Jones Lang LaSalle
Jones Lang LaSalle Incorporated (NYSE: JLL) is a leading professional services firm specializing in real estate and investment management. The company provides a broad range of services including leasing, advisory, property and asset management, capital markets, project and development services, and valuation. Through its integrated platform, JLL serves corporate occupiers, institutional investors, real estate owners and developers, offering tailored solutions that span the entire real estate lifecycle.
Founded in 1783 in London as Jones Lang Wootton, the firm established a reputation for expertise in property management and brokerage.
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