Jones Lang LaSalle Inc. Hits New 52-Week High at $113.86 (JLL)
Shares of Jones Lang LaSalle (NYSE:JLL) hit a new 52-week high during trading on Wednesday, AnalystRatings.Net reports. The stock traded as high as $113.86 and last traded at $111.34, with a volume of 803,917 shares trading hands. The stock had previously closed at $106.31.
A number of analysts have recently weighed in on JLL shares. Analysts at Zacks reiterated a “neutral” rating on shares of Jones Lang LaSalle in a research note to investors on Wednesday. They now have a $112.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company’s stock. Jones Lang LaSalle has an average rating of “Hold” and a consensus target price of $92.50.
Jones Lang LaSalle has a 52-week low of $80.86 and a 52-week high of $106.82. The stock has a 50-day moving average of $102.7 and a 200-day moving average of $93.09. The company has a market cap of $4.968 billion and a P/E ratio of 20.92.
Jones Lang LaSalle (NYSE:JLL) last announced its earnings results on Monday, January 27th. The company reported $3.26 EPS for the quarter, beating the Thomson Reuters consensus estimate of $3.11 by $0.15. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the previous year, the company posted $2.60 earnings per share. The company’s revenue for the quarter was up 20.9% on a year-over-year basis. Analysts expect that Jones Lang LaSalle will post $7.07 EPS for the current fiscal year.
Jones Lang LaSalle Incorporated (NYSE:JLL), is a financial and professional services firm specializing in real estate.
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