Strategic Growth and Market Positioning Drive Positive Outlook for Jones Lang LaSalle

William Blair analyst Stephen Sheldon has reiterated their bullish stance on JLL stock, giving a Buy rating on May 28.

Stephen Sheldon’s rating is based on a combination of factors that highlight Jones Lang LaSalle’s strategic positioning and growth potential. The company is poised to benefit from several industry trends, such as the increasing tendency to outsource real estate services, the sustained importance of real estate as a core asset class, and the growing urbanization which is expected to see cities accommodating 70% of the global population by 2050. Additionally, the adoption of technology in building operations and a heightened focus on sustainability, particularly in reducing carbon emissions, are areas where JLL is well-positioned to capitalize due to its global scale and comprehensive service offerings.
Moreover, JLL has reaffirmed its profit guidance for 2025, projecting significant growth in adjusted EBITDA. Management has expressed confidence in maintaining a growth rate that surpasses GDP growth, consistent with historical performance, despite challenges such as elevated interest rates and macroeconomic uncertainties. The stabilization of the 10-year Treasury yield and a robust transactional pipeline further support a positive outlook. Additionally, the return-to-office trend is bolstering leasing revenue, particularly in office properties, which constitutes a significant portion of JLL’s leasing activities.

Sheldon covers the Technology sector, focusing on stocks such as Agilysys, Olo, and Udemy Inc. According to TipRanks, Sheldon has an average return of 3.0% and a 54.43% success rate on recommended stocks.

In another report released on May 28, Jefferies also maintained a Buy rating on the stock with a $264.00 price target.