Jones Lang LaSalle Inc (JLL) was Upgraded by Goldman to ” Buy”. Earlier the firm had a rating of “Neutral ” on the company shares. Goldman advised their investors in a research report released on May 20, 2016.
Many Wall Street Analysts have commented on Jones Lang LaSalle Inc. Keefe Bruyette Initiated Jones Lang LaSalle Inc on May 16, 2016 to “Outperform”, Price Target of the shares are set at $131.
On the company’s financial health, Jones Lang LaSalle Inc reported $0.82 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $0.81. The company had revenue of $1337.00 million for the quarter, compared to analysts expectations of $1212.73 million. The company’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.94 EPS.
Jones Lang LaSalle Inc closed down -0.95 points or -0.88% at $106.82 with 3,21,024 shares getting traded on Thursday. Post opening the session at $107.01, the shares hit an intraday low of $104.24 and an intraday high of $107.795 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
In a different news, on Feb 19, 2016, Colin Dyer (CEO) purchased 5,000 shares at $103.14 per share price. According to the SEC, on Feb 16, 2016, Christian Ulbrich (CEO) purchased 1,000 shares at $97.75 per share price. On Jan 22, 2016, Sheila A Penrose (director) sold 1,000 shares at $141.00 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. JLLs 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.