Jones Lang Lasalle Inc (JLL) Gets a Buy Rating from Barclays
Barclays analyst Ross L Smotrich maintained a Buy rating on Jones Lang Lasalle Inc (JLL) yesterday and set a price target of $184. The company’s shares closed yesterday at $165.60.
According to TipRanks.com, Smotrich is a 5-star analyst with an average return of 7.2% and a 67.9% success rate. Smotrich covers the Financial sector, focusing on stocks such as Pennsylvania Real Estate Investment, Apartment Investment & Management, and Safety Income & Growth Inc.
Currently, the analyst consensus on Jones Lang Lasalle Inc is a Hold with an average price target of $161.25.
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Based on Jones Lang Lasalle Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $201 million. In comparison, last year the company had a net profit of $78.2 million.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock.
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Jones Lang LaSalle, Inc. engages in the provision of professional services which specializes in real estate and investment management. It operates through the following geographic segments: Americas; Europe, Middle East and Africa (EMEA); Asia Pacific; and LaSalle Investment Management (LaSalle).