Zacks Labels Jones Lang 'Bull of the Day'

Jones Lang LaSalle, an international property services firm headquartered in Chicago and London, has been labeled the "Bull of the Day" by Zacks Equity Research, Chicago.Zacks said JLL "again handily surpassed our estimates" by $0.36 per share in the third quarter, chiefly as a result of higher-than-expected revenues. "Given the growing demand for commercial real estate services and transactional increases, we expect the company to continue driving revenues at a healthy pace," the research firm said. ".... There has been a sector-wide sell-off over the past three months, and JLL is very attractively valued relative to its long-term growth prospects." The companies can be found online at http://www.zacks.com and http://www.joneslanglasalle.com.

For reprint and licensing requests for this article, click here.
Originations
MORE FROM NATIONAL MORTGAGE NEWS