Reaffirmed: Jones Lang Lasalle Inc (NYSE:JLL) “Buy” Rating Kept by Barclays; $184.0000 Target in Place

May 16, 2018 - By Dolores Ford

Jones Lang LaSalle Incorporated (NYSE:JLL) Logo

Investors sentiment decreased to 1.21 in Q4 2017. Its down 0.07, from 1.28 in 2017Q3. It is negative, as 32 investors sold Jones Lang LaSalle Incorporated shares while 102 reduced holdings. 56 funds opened positions while 106 raised stakes. 39.82 million shares or 0.68% more from 39.55 million shares in 2017Q3 were reported.

Ftb Advsrs has invested 0% in Jones Lang LaSalle Incorporated (NYSE:JLL). Franklin Resources owns 716,481 shares. Aviance Cap Ptnrs Limited Liability reported 12,104 shares. 96,669 are held by Amer International Grp Inc. 1,874 are held by Veritable Limited Partnership. Etrade Mngmt Ltd Company, a New York-based fund reported 8,937 shares. Ledyard National Bank holds 0% or 23 shares. Da Davidson And Company accumulated 0.01% or 1,646 shares. 1832 Asset L P holds 0% or 360 shares. 3,857 were accumulated by Bb&T Corporation. Gemmer Asset Management Ltd Liability, California-based fund reported 76 shares. Chevy Chase Trust Hldgs holds 0.01% or 8,547 shares in its portfolio. Hancock Holding has 0.1% invested in Jones Lang LaSalle Incorporated (NYSE:JLL) for 15,497 shares. Brown Brothers Harriman Communications has 72 shares. Gofen And Glossberg Limited Co Il reported 3,615 shares.

Since December 11, 2017, it had 0 insider purchases, and 2 selling transactions for $1.80 million activity. $800,656 worth of Jones Lang LaSalle Incorporated (NYSE:JLL) was sold by OHRINGER MARK on Friday, March 2.

Jones Lang Lasalle Inc (NYSE:JLL) Rating Reaffirmed

They currently have a $184.0000 PT on Jones Lang Lasalle Inc (NYSE:JLL). The target price by Barclays would suggest a potential upside of 8.61 % from the company’s last price. This has been shown in a research report on Wednesday morning.

Jones Lang LaSalle Incorporated (NYSE:JLL) Ratings Coverage

Among 8 analysts covering Jones Lang Lasalle Inc (NYSE:JLL), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Jones Lang Lasalle Inc has $193 highest and $150.0 lowest target. $172.50’s average target is 1.82% above currents $169.42 stock price. Jones Lang Lasalle Inc had 10 analyst reports since December 21, 2017 according to SRatingsIntel. The firm has “Hold” rating given on Monday, February 12 by Wedbush. Raymond James initiated Jones Lang LaSalle Incorporated (NYSE:JLL) rating on Tuesday, February 6. Raymond James has “Buy” rating and $175.0 target. The stock has “Hold” rating by Keefe Bruyette & Woods on Wednesday, February 7. The stock of Jones Lang LaSalle Incorporated (NYSE:JLL) has “Buy” rating given on Friday, February 2 by William Blair. The firm has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods. As per Tuesday, March 6, the company rating was maintained by Barclays Capital. The company was maintained on Tuesday, March 27 by JP Morgan. Barclays Capital maintained the shares of JLL in report on Tuesday, January 30 with “Overweight” rating. The rating was downgraded by JMP Securities to “Market Perform” on Wednesday, January 24.

The stock increased 0.95% or $1.59 during the last trading session, reaching $169.42. About 350,294 shares traded. Jones Lang LaSalle Incorporated (NYSE:JLL) has risen 65.47% since May 17, 2017 and is uptrending. It has outperformed by 53.92% the S&P500.

Analysts await Jones Lang LaSalle Incorporated (NYSE:JLL) to report earnings on August, 1. They expect $2.29 EPS, up 25.82 % or $0.47 from last year’s $1.82 per share. JLL’s profit will be $104.17 million for 18.50 P/E if the $2.29 EPS becomes a reality. After $0.97 actual EPS reported by Jones Lang LaSalle Incorporated for the previous quarter, Wall Street now forecasts 136.08 % EPS growth.

Jones Lang LaSalle Incorporated, a financial and professional services company, provides commercial real estate and investment management services worldwide. The company has market cap of $7.71 billion. It offers a range of real estate services, including agency leasing, project and development management/construction, capital markets, property management, corporate finance, real estate investment banking/merchant banking, energy and sustainability services, research, facility management outsourcing, strategic consulting, technology solutions, advisory services, investment management, tenant representation, lease administration, transaction management, logistics and supply-chain management, valuations, mortgage origination and servicing, and value recovery and receivership services. It currently has negative earnings. The firm also provides investment management services to institutional and retail investors, including high-net-worth individuals.

More notable recent Jones Lang LaSalle Incorporated (NYSE:JLL) news were published by: Prnewswire.com which released: “JLL’s Blackbird proptech application secures US patent” on May 03, 2018, also Seekingalpha.com with their article: “Jones Lang LaSalle (JLL) Q1 2018 Results – Earnings Call Transcript” published on May 08, 2018, Prnewswire.com published: “JLL arranges $305 million sale of 175 West Jackson in Chicago’s Loop” on April 30, 2018. More interesting news about Jones Lang LaSalle Incorporated (NYSE:JLL) were released by: Bizjournals.com and their article: “JLL broadens Hawaii services with industrial vice president hire” published on May 01, 2018 as well as Prnewswire.com‘s news article titled: “JLL awarded Super Star status on the Global Outsourcing 100®” with publication date: April 19, 2018.

Jones Lang LaSalle Incorporated (NYSE:JLL) Institutional Positions Chart

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