09:00 AM EDT, 05/09/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We decrease our 12-month target price by $30 to $250, based on a P/E of 14.7x our 2025 EPS estimate, a small premium to JLL's three-year average forward multiple of 15.0x as leasing activity has picked up in recent quarters. We increase our 2025 EPS estimate by $0.45 to $17.03 and 2026's by $1.28 to $19.57. Revenue growth is expected to moderate following Q1 but remain strong. Management said the transaction pipeline is strong, but both interest rate and outlook dependent meaning some deals could get pushed into 2026. The industrial sector has seen the most pause since tariffs have been implemented. Office leasing volumes have nearly fully recovered to pre-Covid levels while average downsizing has improved each of the past three years to only 7% (10% last year and 15% in 2023). More recently, JLL has seen Asian investors redirect capital from the U.S. to Europe, specifically the U.K., where they see the strongest fundamentals.