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Jones Lang LaSalle (NYSE:JLL)‘s stock had its “neutral” rating reaffirmed by Zacks in a report released on Wednesday. They currently have a $137.00 target price on the stock. Zacks‘s price objective indicates a potential upside of 5.33% from the company’s current price.

Zacks’ analyst wrote, “Helped by robust growth in fee revenue, JLL’s second-quarter 2014 adjusted earnings per share comfortably exceeded the Zacks Consensus Estimate and the year-ago quarter figure. Recently, JLL announced the acquisition of CLEO Construction Management, as part of its effort to enhance healthcare-oriented real estate services in the West. Moreover, the company disclosed the buyout of 49% stake in a Kuala Lumpur-based leading transaction and advisory business – YY Property Solutions Sdn Bhd. We believe that strength in the company s Leasing and Property & Facility Management lines and investments in recruitment, IT and data would be the primary growth drivers going forward. Moreover, strategic acquisitions and opportunistic hires would make JLL adequately capable of capitalizing on an improving market environment. Yet, competition as well as interest rate issues are anticipated to partly lower the growth tempo. “

Separately, analysts at Barclays raised their price target on shares of Jones Lang LaSalle from $128.00 to $138.00 in a research note on Monday, July 21st. They now have an “overweight” rating on the stock. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $128.33.

Shares of Jones Lang LaSalle (NYSE:JLL) traded down 0.12% on Wednesday, hitting $129.91. 151,588 shares of the company’s stock traded hands. Jones Lang LaSalle has a one year low of $80.86 and a one year high of $131.70. The stock’s 50-day moving average is $127.3 and its 200-day moving average is $121.0. The company has a market cap of $5.797 billion and a price-to-earnings ratio of 19.72.

Jones Lang LaSalle (NYSE:JLL) last issued its quarterly earnings data on Thursday, July 31st. The company reported $1.68 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.40 by $0.28. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the company posted $1.15 earnings per share. The company’s quarterly revenue was up 29.1% on a year-over-year basis. On average, analysts predict that Jones Lang LaSalle will post $7.55 earnings per share for the current fiscal year.

In other Jones Lang LaSalle news, CEO Colin Dyer sold 4,500 shares of the company’s stock on the open market in a transaction dated Friday, August 1st. The stock was sold at an average price of $129.09, for a total transaction of $580,905.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Jones Lang LaSalle Incorporated (NYSE:JLL) is a financial and professional services firm specializing in real estate.

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