Wedbush set a $158.00 target price on Jones Lang LaSalle (NYSE:JLL) in a report published on Monday. The brokerage currently has a hold rating on the financial services provider’s stock.

Several other research analysts have also weighed in on the company. ValuEngine raised Jones Lang LaSalle from a hold rating to a buy rating in a research report on Sunday, December 31st. Barclays upped their price target on Jones Lang LaSalle from $150.00 to $170.00 and gave the company an overweight rating in a research report on Tuesday, January 30th. JMP Securities lowered Jones Lang LaSalle from an outperform rating to a market perform rating in a research report on Wednesday, January 24th. William Blair reissued an outperform rating on shares of Jones Lang LaSalle in a research report on Friday, February 2nd. Finally, Zacks Investment Research lowered Jones Lang LaSalle from a buy rating to a hold rating in a research report on Friday, February 2nd. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Jones Lang LaSalle currently has a consensus rating of Buy and an average target price of $151.38.

Jones Lang LaSalle (NYSE JLL) opened at $151.97 on Monday. The firm has a market capitalization of $6,816.06, a price-to-earnings ratio of 16.42, a P/E/G ratio of 1.42 and a beta of 1.85. Jones Lang LaSalle has a 52-week low of $101.83 and a 52-week high of $158.82. The company has a current ratio of 1.34, a quick ratio of 1.60 and a debt-to-equity ratio of 0.21.

Jones Lang LaSalle (NYSE:JLL) last posted its quarterly earnings results on Wednesday, February 7th. The financial services provider reported $4.92 earnings per share for the quarter, beating the consensus estimate of $4.22 by $0.70. The firm had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.29 billion. Jones Lang LaSalle had a return on equity of 13.55% and a net margin of 3.20%. Jones Lang LaSalle’s quarterly revenue was up 17.5% on a year-over-year basis. During the same period in the previous year, the firm earned $3.95 earnings per share. equities analysts predict that Jones Lang LaSalle will post 9.62 EPS for the current fiscal year.

In other Jones Lang LaSalle news, Director Martin H. Nesbitt sold 6,701 shares of the business’s stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $149.32, for a total value of $1,000,593.32. Following the transaction, the director now owns 35 shares in the company, valued at $5,226.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.72% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Pacer Advisors Inc. boosted its stake in shares of Jones Lang LaSalle by 32.5% during the 3rd quarter. Pacer Advisors Inc. now owns 7,932 shares of the financial services provider’s stock worth $980,000 after acquiring an additional 1,945 shares in the last quarter. California Public Employees Retirement System boosted its stake in shares of Jones Lang LaSalle by 3.2% during the 3rd quarter. California Public Employees Retirement System now owns 122,140 shares of the financial services provider’s stock worth $15,084,000 after acquiring an additional 3,840 shares in the last quarter. Prudential Financial Inc. boosted its stake in shares of Jones Lang LaSalle by 51.5% during the 3rd quarter. Prudential Financial Inc. now owns 344,739 shares of the financial services provider’s stock worth $42,575,000 after acquiring an additional 117,160 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Jones Lang LaSalle by 2.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 607,855 shares of the financial services provider’s stock worth $75,070,000 after acquiring an additional 12,871 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in shares of Jones Lang LaSalle by 31.7% during the 3rd quarter. Sei Investments Co. now owns 20,364 shares of the financial services provider’s stock worth $2,516,000 after acquiring an additional 4,907 shares in the last quarter. Hedge funds and other institutional investors own 90.77% of the company’s stock.

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Jones Lang LaSalle Company Profile

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)

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