Jones Lang LaSalle: Eyes On Growth And Valuations

I continue to rate Jones Lang LaSalle as a 'Buy', as I think its shares are undervalued. The company's targeted +16% EPS CAGR for the long run is realistic, considering multiple growth and profitability levers. But the stock is valued by the market at a PEG of 0.75x, this implies a potential upside of +33% assuming an eventual re-rating to 1x.