Jones Lang LaSalle

JLL · NYSE

$308.99+$6.36 (+2.10%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $302.63

JLL analyst rating

BuyConsensus of 4 analysts over the last 12 months. 75% rate it a buy.

Strong buy0
Buy3
Hold1
Underperform0
Sell0

12-month price target · 12 analysts

Average $441.96 (+43.0% upside)

Low: $385.82
Now: $308.99
High: $525.00

Upgrades and downgrades

The latest rating actions, newest first

JLL analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Keefe, Bruyette & Woods	Oct 9, 2026	Maintains	Outperform	$415.00 → $385.00	51%
Barclays	Aug 17, 2026	Maintains	Equal-Weight	$368.00 → $401.00	32%
Keefe, Bruyette & Woods	Aug 3, 2026	Maintains	Outperform	$375.00 → $415.00	51%
Barclays	Jul 28, 2026	Maintains	Equal-Weight	$366.00 → $368.00	32%
Barclays	May 13, 2026	Maintains	Equal-Weight	$348.00 → $366.00	32%
UBS	Apr 22, 2026	Maintains	Buy	$425.00 → $445.00	63%
Barclays	Apr 14, 2026	Maintains	Equal-Weight	$355.00 → $348.00	32%
Barclays	Mar 13, 2026	Maintains	Equal-Weight	$360.00 → $355.00	32%
Keefe, Bruyette & Woods	Feb 24, 2026	Maintains	Outperform	$405.00 → $380.00	51%
UBS	Feb 23, 2026	Maintains	Buy	$410.00 → $425.00	63%

The case for and against

Updated May 1, 2025

Bull case

Jones Lang LaSalle is well-positioned to capitalize on the anticipated recovery in commercial real estate, benefiting from a significant revenue mix of over 50% in leasing and capital markets, which is projected to yield substantial margin expansion by 2025-2026. The ongoing institutionalization of CRE, coupled with trends towards outsourcing and contractual fee structures, is expected to enhance revenue stability and bolster growth over the long term. JLL's strong performance in key areas such as Markets Advisory and Capital Markets is reflected in revised EPS estimates, indicating a potential for annual growth rates between 11% and 24% from 2025 to 2027.

Bear case

Jones Lang LaSalle faces significant headwinds, primarily due to risks associated with a potential global economic downturn and a deterioration of commercial real estate fundamentals. The company operates within a transaction-focused business model, which is vulnerable to declines in capital markets activity, complicating its future performance. Additionally, JLL's current trading multiples are notably lower than those of its competitor CBRE, reflecting a lack of investor confidence amid ongoing macroeconomic uncertainties.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.