Jones Lang LaSalle (JLL) Projected to Post Earnings on Wednesday

Jones Lang LaSalle (NYSE:JLL) is anticipated to announce its earnings results before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $5.76 per share and revenue of $6.65 billion for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Jones Lang LaSalle Stock Down 2.1 %

JLL opened at $270.91 on Thursday. The stock’s 50 day moving average price is $264.54 and its 200 day moving average price is $261.44. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.29 and a quick ratio of 2.29. The stock has a market cap of $12.85 billion, a P/E ratio of 27.39 and a beta of 1.36. Jones Lang LaSalle has a 12 month low of $169.05 and a 12 month high of $288.50.

Wall Street Analysts Forecast Growth

JLL has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Jones Lang LaSalle from $263.00 to $327.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Keefe, Bruyette & Woods upgraded Jones Lang LaSalle from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $292.00 to $325.00 in a research report on Tuesday, December 10th. Wolfe Research upgraded Jones Lang LaSalle from a “peer perform” rating to an “outperform” rating and set a $353.00 price objective for the company in a report on Monday, November 25th. Raymond James boosted their price target on shares of Jones Lang LaSalle from $317.00 to $320.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 24th. Finally, The Goldman Sachs Group assumed coverage on shares of Jones Lang LaSalle in a research report on Friday, December 6th. They set a “buy” rating and a $352.00 price objective for the company. Six analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $309.00.

About Jones Lang LaSalle

Jones Lang LaSalle Incorporated operates as a commercial real estate and investment management company. It engages in the buying, building, occupying, managing, and investing in a commercial, industrial, hotel, residential, and retail properties in Americas, Europe, the Middle East, Africa, and the Asia Pacific.