Jones Lang Lasalle: Hold Rating Maintained Amid Revised Projections and Target Price Reduction

Jones Lang Lasalle (JLL – Research Report), the Real Estate sector company, was revisited by a Wall Street analyst today. Analyst Nicholas Joseph from Citi maintained a Hold rating on the stock and has a $240.00 price target.

Nicholas Joseph has given his Hold rating due to a combination of factors influencing Jones Lang Lasalle’s financial outlook. The decision reflects an updated model that incorporates revised operating, financing, and transaction assumptions, which have led to adjustments in the firm’s earnings projections.
Additionally, the target price for JLL has been reduced from $275 to $240, based on a valuation that applies a 14x multiple to the 2025 adjusted EPS estimate and a 9x 2025 EV/EBITDA. This adjustment suggests a modest expected share price return of 7.9%, which aligns with the Hold rating as it indicates limited upside potential in the near term.