Jones Lang LaSalle (JLL) posted its quarterly earnings results on Tuesday. The company reported $2.56 earnings per share (EPS) for the quarter, beating the Thomson Reuters consensus estimate of $2.22 by $0.34. The company’s quarterly revenue was up 20.1% on a year-over-year basis.
On a related note, analysts at Barclays Capital (NYSE: BCS) raised their price target on shares of Jones Lang LaSalle from $84.00 to $94.00 in a research note to investors on Thursday, January 26th. They now have an “overweight” rating on the stock. Analysts at JPMorgan Chase & Co. (NYSE: JPM) cut their price target on shares of Jones Lang LaSalle from $98.00 to $90.00 in a research note to investors on Thursday, November 10th. Also, analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Jones Lang LaSalle in a research note to investors on Wednesday, November 9th. They now have a $69.00 price target on the stock.
Jones Lang LaSalle (JLL) traded up 5.34% on Tuesday, hitting $78.76. Jones Lang LaSalle (JLL) has a 52-week low of $46.01 and a 52-week high of $107.84. The stock has a 50-day moving average of $65.07 and a 200-day moving average of $64.68. The company has a market cap of $3.424 billion and a price-to-earnings ratio of 20.25.
Jones Lang LaSalle Incorporated (Jones Lang LaSalle) provides integrated real estate and investment management knowledge on a local, regional and global level to owner, occupier and investor clients. The range of real estate services offered by the Company includes agency leasing, space acquisition and disposition, property management, facilities management/outsourcing, project and development management, valuations, consulting, capital markets, real estate investment banking and merchant banking, brokerage of properties, corporate finance, hotel advisory, energy and sustainability services, value recovery and receivership services, and investment management. The Company operates in four business segments: the Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and LaSalle Investment Management.