Jones Lang LaSalle Incorporated logo JLL - Jones Lang LaSalle Incorporated

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 6
HOLD 3
SELL 2
STRONG
SELL
0
| PRICE TARGET: $387.25 DETAILS
HIGH: $425.00
LOW: $351.00
MEDIAN: $386.50
CONSENSUS: $387.25
UPSIDE: 32.76%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 75% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Fair Value Mild
Trading 4.0% below fair value
Current Price $291.69
Bear Case $243.17 16.6% downside ($243.17 - $291.69) / $291.69 = -16.6% $17.56 × 13x P/E
Fair Value $303.96 4.2% upside ($303.96 - $291.69) / $291.69 = 4.2% $17.56 × 16x P/E
Bull Case $364.76 25.0% upside ($364.76 - $291.69) / $291.69 = 25.0% $17.56 × 19x P/E

Adjust Assumptions

16.1x
17.56$

Key Value Driver

Normalized P/E multiple (16x base case)

Implied Market Multiple 16.6x

Plain-Language Summary

Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $387.25 from 12 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $303.96 per share.

Warnings

Wall Street's average price target is $387.25 (from 12 analysts). Our estimate is 27% below the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples