Jones Lang Lasalle Inc (NYSE:JLL):
JLL ranked most responsible in its industry by CR Magazine.
The company is now down since yesterday’s close of 150.87.
Jones Lang LaSalle Incorporated (JLL), launched on April 15, 1997, is a financial and professional services company specializing in real estate. The Company operates through four business segments: Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and LaSalle. The Company offers integrated services on a local, regional and global basis to owner, occupier, investor and developer clients seeking increased value by owning, occupying, or investing in real estate. As of December 31, 2016, it had more than 280 corporate offices around the world from which it provided services to clients in more than 80 countries. It delivers a range of real estate services (RES) across three geographic business segments: the Americas, EMEA and Asia Pacific. Its real estate services include agency leasing, capital markets, corporate finance, energy and sustainability services, investment management, lease administration, logistics and supply-chain management, mortgage origination and servicing, real estate investment banking/merchant banking, tenant representation, transaction management, and value recovery and receivership services. It also offers services locally, regionally and globally to real estate owners, occupiers, investors and developers for various property types, including critical environments and data centers, cultural facilities, educational facilities, government facilities, infrastructure projects, military housing, office properties and sports facilities..
The company’s P/E ratio is 20.20 and market cap is 6.84B. As of the last earnings report the EPS was $7.46 with 45.37M shares currently outstanding.
Investors are a little more bearish on Jones Lang Lasalle Inc recently if you take a look at the motion in short interest. The stock recorded a rise in short interest of 9.68% as of the latest report on October 31, 2017. Short interest increased from 1,028,840 to 1,128,472 over that period. Days to cover decreased from 6.0 to 5.0 and the short interest percentage is 0.02% as of October 31.
Several Wall Street investment firms have released ratings on the company recently. August 3 investment analysts at Keefe, Bruyette & Woods held the company rating at “Hold” with a current price target of $132.00.