Barclays Maintains Jones Lang LaSalle Inc to Overweight with Price Target $132.00

Brokerage firm Barclays Maintains its rating on Jones Lang LaSalle Inc(NYSE:JLL). In a research note issued to the investors, the brokerage major Lowers the price-target to $132.00 per share. The shares have been rated Overweight. The rating by Barclays was issued on Aug 18, 2016.

In a different note, On Aug 3, 2016, Keefe Bruyette & Woods said it Maintains its rating on Jones Lang LaSalle Inc. In the research note, the firm Raises the price-target to $124.00 per share. The shares have been rated ‘Outperform’ by the firm. 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.

Jones Lang LaSalle Inc (JLL) made into the market gainers list on Mondays trading session with the shares advancing 0.11% or 0.13 points. Due to strong positive momentum, the stock ended at $116.33, which is also near the day’s high of $117.84. The stock began the session at $116.24 and the volume stood at 2,53,213 shares. The 52-week high of the shares is $171.63 and the 52 week low is $90.07. The company has a current market capitalization of $5,256 M and it has 4,51,79,409 shares in outstanding.

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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