Keefe, Bruyette & Woods cuts target for Jones Lang LaSalle stock to USD 385.00

Published on 10/20/2026 at 22:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JLL's ratio was 14.38 on October 9, 2026. Jones Lang LaSalle stock costs EUR 275.00 October 20, 2026, 1.10 percent above Tradegate close.

Analyst target and valuation

Keefe, Bruyette & Woods cut its JLL target from USD 415.00 to USD 385.00 on October 9, 2026.
JLL's valuation ratio was 14.38 on October 9, 2026.
JLL stock costs EUR 275.00 at Lang & Schwarz on October 20, 2026 at 9:52 p.m. CEST, 1.10 percent above the Tradegate close of October 16, 2026.
JLL is scheduled to discuss third-quarter 2026 results on October 28, 2026.

JLL, US48020Q1076, Illustration mit AI erstellt.

Jones Lang LaSalle (ISIN US48020Q1076) became the subject of a lower analyst target when Keefe, Bruyette & Woods cut its price objective to USD 385.00 from USD 415.00 on October 9, 2026, while maintaining an Outperform rating, as MarketBeat reported. The stock was trading at EUR 275.00 at Lang & Schwarz on October 20, 2026 at 9:52 p.m. CEST, 1.10 percent above the Tradegate close of October 16, 2026 at EUR 272.00.

Target cut meets strong earnings

The lower target followed a research view that incorporated a slower capital-markets backdrop, while the latest reported quarter showed substantial operating improvement. JLL reported USD 6.93 billion in second-quarter 2026 revenue, up 10.80 percent from the prior-year quarter, and earnings per share of USD 5.26 against a USD 4.56 consensus estimate, according to MarketBeat.

Where does JLL stand in valuation?

JLL's valuation ratio was 14.38 and its market capitalization was USD 13.76 billion on October 9, 2026, the same source reported. The target cut therefore leaves the analyst view above the latest US market quotation, but the move from USD 415.00 to USD 385.00 shows a more cautious near-term assessment than the earlier objective.

How does JLL compare?

Jones Lang LaSalle's latest quarter provides a stronger operating comparison than the target change alone. In the second quarter of 2026, revenue rose 10.80 percent year over year, while reported earnings per share exceeded consensus by USD 0.70. That combination gives investors a concrete measure of execution before the next results date.

Comparison with peers

Jones Lang LaSalle: 1.10 percent above the Tradegate close, P/E 14.38, market capitalization USD 13.76 billion. CBRE (NYSE, USD): up 2.49 percent on October 20, 2026, P/E 30.82, market capitalization USD 38.8 billion. Cushman & Wakefield (NYSE, USD): up 4.21 percent on October 20, 2026, P/E 39.46, market capitalization USD 2.7 billion.

October 28 is the next date

JLL is scheduled to discuss third-quarter 2026 results on October 28, 2026, at 9:00 a.m. Eastern time. Yahoo Finance carried the company release dated September 24, 2026, which set the conference call and webcast for that date. The report will test whether the second-quarter revenue growth and earnings beat continued into the third quarter.

Stock remains below analyst targets

The current euro quotation sits above the latest German venue close, while the principal analyst target remains USD 110.00 above the lower objective set by Keefe, Bruyette & Woods. Investors therefore have two separate figures to track: the October 28 reporting date and the distance between the revised target and the US-listed share price.

JLL stock was trading at EUR 275.00 at Lang & Schwarz on October 20, 2026 at 9:52 p.m. CEST, 1.10 percent above the Tradegate close of October 16, 2026 at EUR 272.00. The further course of trading is shown by the continuously updated real-time quote of JLL stock.