LaSalle Appoints New CEO and President, Managing $88.5 Billion in Assets
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: 4 day ago
0mins
Source: Newsfilter
- Leadership Transition: Brad Gries has been promoted to Global CEO and Tim Kessler to President, both effective January 1, 2026, marking a significant step in the company's ongoing development in the global real estate investment management sector.
- Successful Transition: Current CEO Mark Gabbay will transition to Executive Chairman after 15 years of leadership, during which he successfully strengthened the company's global platform and delivered strong investment performance.
- Strategic Continuity: Gries will continue as Head of the Americas, leveraging his deep understanding of global business and strategic thinking to drive LaSalle's continued growth and evolution.
- Internal Talent Development: These appointments reflect LaSalle's commitment to developing leaders from within, ensuring business continuity while laying the groundwork for sustainable growth in the future.
JLL.N$0.0000%Past 6 months

No Data
Analyst Views on JLL
Wall Street analysts forecast JLL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JLL is 358.20 USD with a low forecast of 320.00 USD and a high forecast of 407.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast JLL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JLL is 358.20 USD with a low forecast of 320.00 USD and a high forecast of 407.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 327.520

Current: 327.520

Equal Weight
initiated
$351
Reason
Barclays initiated coverage of JLL with an Equal Weight rating and $351 price target. The firm expects the commercial real estate market will continue its gradual recovery. CBRE and Newmark Group are best positioned to outperform, the analyst tells investors in a research note.
NULL -> Buy
maintain
$361 -> $407
Reason
Goldman Sachs raised the firm's price target on JLL to $407 from $361 and keeps a Buy rating on the shares.
NULL -> Overweight
maintain
$285 -> $372
Reason
JPMorgan raised the firm's price target on JLL to $372 from $285 and keeps an Overweight rating on the shares. The firm increased targets in the commercial real estate services group to reflect the Q2 sales beats and improved margin outlooks going forward. JPMorgan rolled forward the targets to December 2026 from December 2025.
Keefe Bruyette
Jade Rahmani
maintain
$280 -> $297
Reason
Keefe Bruyette
Jade Rahmani
Keefe Bruyette analyst Jade Rahmani raised the firm's price target on JLL to $297 from $280 and keeps an Outperform rating on the shares.
About JLL
Jones Lang LaSalle Incorporated is a global commercial real estate and investment management company. The Company operates through five segments: Markets Advisory, Capital Markets, Work Dynamics, JLL Technologies and LaSalle. The Markets Advisory segment offers local expertise across the globe, covering a comprehensive range of services across asset types. It aggregates such services into three categories: Leasing, Property Management, and Advisory, Consulting and Other. The Capital Markets segment provides full-service capital solutions, including debt advisory, loan sales, equity advisory, loan servicing, and investment sales and advisory. Work Dynamics segment offers a single, cohesive service delivery team. JLL Technologies segment offers professional services, including program and project management, implementation and support, managed services, and advisory/consulting services. The LaSalle segment invests institutional and individual capital in real estate assets and securities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.