Jefferies Starts Jones Lang LaSalle (JLL) at Buy

Jefferies analyst Peter Abramowitz initiates coverage on Jones Lang LaSalle (NYSE: JLL) with a Buy rating and a price target of $246.00.

The analyst comments "As the most cyclically exposed of the three, we believe consensus forecasts underestimate the magnitude of a recovery in capital markets in 2H24/2025, as our capital markets fee rev growth assumptions of +13.2%/+21.6% (vs. Street +7.4%/+12.3%) drive our '24/'25 adj EPS estimates +1.9%/+7.6% ahead of consensus."

For an analyst ratings summary and ratings history on Jones Lang LaSalle click here. For more ratings news on Jones Lang LaSalle click here.

Shares of Jones Lang LaSalle closed at $194.00 yesterday.

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