Keefe Bruyette & Woods Maintains Jones Lang LaSalle Inc to Outperform with Price Target $129.00

Brokerage firm Keefe Bruyette & Woods Maintains its rating on Jones Lang LaSalle Inc(NYSE:JLL). In a research note issued to the investors, the brokerage major Raises the price-target to $129.00 per share. The shares have been rated Outperform. The rating by Keefe Bruyette & Woods was issued on Aug 3, 2016.

In a different note, On Jul 19, 2016, Barclays said it Maintains its rating on Jones Lang LaSalle Inc. In the research note, the firm Lowers the price-target to $137.00 per share. The shares have been rated ‘Overweight’ by the firm. On May 20, 2016, Goldman Sachs said it Upgrades its rating on Jones Lang LaSalle Inc. The shares have been rated ‘Buy’ by the firm. Keefe Bruyette & Woods said it Initiates Coverage on Jones Lang LaSalle Inc, according to a research note issued on May 16, 2016. The shares have been rated ‘Outperform’ by the firm. On May 16, 2016, Barclays said it Maintains its rating on Jones Lang LaSalle Inc. In the research note, the firm Lowers the price-target to $141.00 per share. The shares have been rated ‘Overweight’ by the firm.

Jones Lang LaSalle Inc (JLL) shares turned negative on Fridays trading session with the shares closing down -0.6 points or -0.51% at a volume of 2,15,494. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $117.55. The peak price level was also seen at $117.55 while the days lowest was $116.06. Finally the shares closed at $116.89. The 52-week high of the shares is $177.75 while the 52-week low is $90.07. According to the latest information available, the market cap of the company is $5,281 M.

Jones Lang LaSalle Inc(JLL) last announced its earnings results on Aug 2, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $1.60B. Analysts had an estimated revenue of $1.47B. Earnings per share were $1.93. Analysts had estimated an EPS of $1.86.

Several Insider Transactions has been reported to the SEC. On Jun 23, 2016, Piazza Samuel A Jr. Di (director) purchased 2,200 shares at $112.00 per share price.Also, On Feb 19, 2016, Colin Dyer (CEO) purchased 5,000 shares at $103.14 per share price.On Feb 16, 2016, Christian Ulbrich (CEO) purchased 1,000 shares at $97.75 per share price, according to the Form-4 filing with the securities and exchange commission.

Jones Lang LaSalle Incorporated (JLL) is a financial and professional services firm specializing in real estate. The Company operates through four business segments. JLL provides real estate services through three business segments: the Americas Europe the Middle East and Africa (EMEA) and Asia Pacific. JLL’s fourth business segment is LaSalle Investment Management (LaSalle). The Company provides a range of integrated property project management and transaction services locally regionally and globally through its Americas EMEA and Asia Pacific operating segments. The Company manages its investment management business globally as LaSalle. The Company provides a range of real estate services to real estate owners occupiers investors and developers for a range of property types. The Company offers its products and services under the JLL LaSalle Investment Management and Tetris brands.

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