Analysts at Barclays Maintain their Past ‘”Buy”’ rating on Shares Jones Lang Lasalle Inc (NYSE:JLL), Set a $184.0000 Price Objective

May 16, 2018 - By Clifton Ray

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 fall, 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.

Gradient Invests Ltd Liability Corporation has invested 0% in Jones Lang LaSalle Incorporated (NYSE:JLL). X Ltd reported 0.01% in Jones Lang LaSalle Incorporated (NYSE:JLL). Asset Mgmt One Limited owns 66,474 shares for 0.02% of their portfolio. Motley Fool Asset Mgmt Ltd Com owns 68,500 shares for 2.2% of their portfolio. Franklin Res, a California-based fund reported 716,481 shares. Alliancebernstein Ltd Partnership holds 0% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL) for 31,867 shares. Bank & Trust Of America Corp De reported 265,397 shares. Georgia-based Atlantic Trust Group Ltd Liability Corp has invested 0.05% in Jones Lang LaSalle Incorporated (NYSE:JLL). Advisory Network Limited Liability Co reported 814 shares. Clearbridge Invests Ltd Liability holds 0.12% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL) for 850,524 shares. Beacon Gp reported 5,373 shares or 0.14% of all its holdings. 2,675 are held by Trust Of Oklahoma. Pnc Fincl Services Group Inc Inc, Pennsylvania-based fund reported 12,029 shares. Livforsakringsbolaget Skandia Omsesidigt holds 0.01% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL) for 700 shares. Columbia Wanger Asset Mngmt invested in 0.48% or 213,642 shares.

Since December 11, 2017, it had 0 buys, and 2 sales for $1.80 million activity. On Monday, December 11 Nesbitt Martin H. sold $1.00M worth of Jones Lang LaSalle Incorporated (NYSE:JLL) or 6,701 shares.

Jones Lang Lasalle Inc (NYSE:JLL) Rating Reaffirmed

The financial company has just set a PT of $184.0000 on Jones Lang Lasalle Inc (NYSE:JLL) shares. This is 8.61 % from the last price. In a research report issued on Wednesday, 16 May, Barclays restate their “Buy” rating on shares of JLL.

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 “Market Perform” rating by JMP Securities given on Wednesday, January 24. Barclays Capital maintained it with “Overweight” rating and $175 target in Tuesday, March 6 report. On Wednesday, February 7 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The stock has “Overweight” rating by JP Morgan on Tuesday, March 27. Wedbush maintained Jones Lang LaSalle Incorporated (NYSE:JLL) on Monday, February 12 with “Hold” rating. Raymond James initiated the stock with “Buy” rating in Tuesday, February 6 report. The firm has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods. The firm has “Buy” rating given on Friday, February 2 by William Blair. The stock has “Overweight” rating by Barclays Capital on Tuesday, January 30.

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 earnings per share, up 25.82 % or $0.47 from last year’s $1.82 per share. JLL’s profit will be $104.17M for 18.50 P/E if the $2.29 EPS becomes a reality. After $0.97 actual earnings per share 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 Prnewswire.com with their article: “JLL one of America’s Best Employers according to Forbes” published on May 01, 2018, Prnewswire.com published: “JLL awarded Super Star status on the Global Outsourcing 100®” on April 19, 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 arranges $305 million sale of 175 West Jackson in Chicago’s Loop” with publication date: April 30, 2018.

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

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