Jones Lang LaSalle stock price target raised to $369 by Raymond James

Published 06/08/2025, 17:54
Jones Lang LaSalle stock price target raised to $369 by Raymond James

Investing.com - Raymond (NSE:RYMD) James raised its price target on Jones Lang LaSalle (NYSE:JLL) to $369.00 from $347.00 on Wednesday, while maintaining a Strong Buy rating following the company’s second-quarter 2025 earnings results. According to InvestingPro data, JLL currently trades at an attractive P/E ratio of 24.15 and has shown strong momentum with a 16.7% return over the past year.

The firm cited JLL’s resilient revenue streams that continue to grow at a solid pace, noting that the company’s scale and capabilities position it to win its fair share of property and facilities management mandates. The company’s revenue growth of 13.6% in the last twelve months supports this view.

Raymond James highlighted that JLL ended the second quarter of 2025 with just 1.2x net debt to EBITDA, providing ample flexibility to repurchase shares and pursue accretive acquisitions.

The firm reported that management commentary regarding the near-term outlook for transactional revenue was cautiously optimistic, and Raymond James maintains its expectation for a cyclical rebound in transaction activity.

Raymond James views the risk/reward profile as attractive at JLL’s current valuation, which is approximately 13 times the firm’s 2026 non-GAAP EPS estimate.

In other recent news, Jones Lang LaSalle Incorporated (JLL) reported its second quarter 2025 earnings, surpassing Wall Street expectations. The company achieved an earnings per share (EPS) of $3.30, exceeding the forecasted $3.20. Revenue for the quarter was $6.25 billion, slightly above the anticipated $6.22 billion. These results highlight the company’s ability to perform well despite broader market uncertainties. Analyst firms have not provided any recent upgrades or downgrades for JLL, focusing instead on the company’s financial performance. The positive earnings report underscores JLL’s resilience in the current economic landscape. Investors may find these developments noteworthy as they consider the company’s future prospects.

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