Jones Lang LaSalle Incorporated (NYSE:JLL) had its price target increased by investment analysts at Barclays PLC from $130.00 to $140.00 in a note issued to investors on Tuesday. The firm presently has an “overweight” rating on the financial services provider’s stock. Barclays PLC’s price objective points to a potential upside of 11.58% from the company’s previous close.

A number of other equities analysts have also weighed in on the company. William Blair raised Jones Lang LaSalle from a “market perform” rating to an “outperform” rating in a research note on Friday, March 24th. Zacks Investment Research lowered Jones Lang LaSalle from a “hold” rating to a “sell” rating in a research note on Wednesday, April 19th. Bank of America Corporation reaffirmed a “buy” rating and issued a $140.00 price objective on shares of Jones Lang LaSalle in a research note on Monday, May 8th. Wedbush reaffirmed a “neutral” rating and issued a $115.00 price objective on shares of Jones Lang LaSalle in a research note on Monday, April 17th. Finally, ValuEngine raised Jones Lang LaSalle from a “hold” rating to a “buy” rating in a research note on Tuesday, May 16th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $131.33.

Shares of Jones Lang LaSalle (NYSE:JLL) traded up 0.22% on Tuesday, reaching $125.47. The company’s stock had a trading volume of 291,229 shares. Jones Lang LaSalle has a 12-month low of $86.62 and a 12-month high of $127.93. The company’s 50-day moving average is $117.22 and its 200 day moving average is $110.68. The company has a market capitalization of $5.68 billion, a price-to-earnings ratio of 18.86 and a beta of 1.81.

Jones Lang LaSalle (NYSE:JLL) last released its quarterly earnings results on Friday, May 5th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.07. Jones Lang LaSalle had a return on equity of 12.44% and a net margin of 4.28%. The business had revenue of $1.62 billion during the quarter, compared to analyst estimates of $1.46 billion. During the same quarter in the previous year, the company posted $0.82 earnings per share. Jones Lang LaSalle’s revenue for the quarter was up 20.8% on a year-over-year basis. Equities analysts anticipate that Jones Lang LaSalle will post $7.98 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Jones Lang LaSalle Incorporated (JLL) Price Target Raised to $140.00 at Barclays PLC” was first posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2017/07/18/jones-lang-lasalle-incorporated-jll-price-target-raised-to-140-00-at-barclays-plc.html.

In related news, Director Sheila A. Penrose sold 1,000 shares of the stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $115.44, for a total transaction of $115,440.00. Following the completion of the transaction, the director now directly owns 48,847 shares of the company’s stock, valued at $5,638,897.68. The sale was disclosed in a filing with the SEC, which is available through this link. Over the last three months, insiders have sold 3,000 shares of company stock valued at $361,240. 0.72% of the stock is owned by corporate insiders.

Institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP raised its position in shares of Jones Lang LaSalle by 10.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 332,150 shares of the financial services provider’s stock worth $33,559,000 after buying an additional 32,486 shares during the last quarter. Norges Bank purchased a new position in shares of Jones Lang LaSalle during the fourth quarter worth approximately $30,891,000. Pekin Singer Strauss Asset Management IL raised its position in shares of Jones Lang LaSalle by 2.4% in the fourth quarter. Pekin Singer Strauss Asset Management IL now owns 131,778 shares of the financial services provider’s stock worth $13,315,000 after buying an additional 3,035 shares during the last quarter. Teachers Advisors LLC raised its position in shares of Jones Lang LaSalle by 14.7% in the fourth quarter. Teachers Advisors LLC now owns 60,433 shares of the financial services provider’s stock worth $6,106,000 after buying an additional 7,752 shares during the last quarter. Finally, Macquarie Group Ltd. raised its position in shares of Jones Lang LaSalle by 325.0% in the fourth quarter. Macquarie Group Ltd. now owns 1,700 shares of the financial services provider’s stock worth $171,000 after buying an additional 1,300 shares during the last quarter. 88.37% of the stock is owned by institutional investors.

About Jones Lang LaSalle

Jones Lang LaSalle Incorporated (JLL) is a financial and professional services company specializing in real estate. The Company operates through four business segments: Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and LaSalle. It offers integrated services on a local, regional and global basis to owner, occupier, investor and developer clients.

Analyst Recommendations for Jones Lang LaSalle (NYSE:JLL)

Receive News & Ratings for Jones Lang LaSalle Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jones Lang LaSalle Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.