Canaccord Genuity Maintains a 'Buy' on Jones Lang LaSalle (JLL); Solid Q2 Results, Real Estate Recovery on Track

Canaccord Genuity maintains a 'Buy' on Jones Lang LaSalle (NYSE: JLL) price target of $120.00.

Canaccord analyst, Eric Prouty, said, "Following a disappointing Q1 report, in which earnings came in below expectations, JLL reported solid Q2 results, confirming that the global real estate market recovery remains on track. We were particularly encouraged to see Q2 expense ratios back in line with our forecast, which should set JLL up for significantly stronger earnings in the second half."

For more ratings news on Jones Lang LaSalle click here and for the rating history of Jones Lang LaSalle click here.

Shares of Jones Lang LaSalle closed at $92.59 yesterday.

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