Colliers International Group (NASDAQ:CIGI – Get Free Report) (TSE:CIGI) had its target price cut by research analysts at Raymond James Financial from $160.00 to $150.00 in a research note issued on Thursday, BayStreet reports. The firm currently has a “strong-buy” rating on the financial services provider’s stock. Raymond James Financial‘s price target suggests a potential upside of 57.35% from the stock’s current price.
CIGI has been the subject of several other reports. BMO Capital Markets restated an “outperform” rating on shares of Colliers International Group in a research note on Thursday, September 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Colliers International Group in a research report on Tuesday. National Bank Financial lowered their target price on shares of Colliers International Group from $110.00 to $109.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. Scotia dropped their target price on shares of Colliers International Group from $150.00 to $145.00 and set a “sector outperform” rating for the company in a research report on Friday, July 31st. Finally, Royal Bank Of Canada dropped their target price on shares of Colliers International Group from $155.00 to $140.00 and set an “outperform” rating for the company in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Colliers International Group has a consensus rating of “Moderate Buy” and an average price target of $140.71.
View Our Latest Stock Analysis on Colliers International Group
Colliers International Group Price Performance
Shares of Colliers International Group stock traded down $3.17 during trading hours on Thursday, hitting $95.33. The company’s stock had a trading volume of 208,875 shares, compared to its average volume of 288,839. The business has a 50 day moving average price of $93.24 and a two-hundred day moving average price of $103.99. Colliers International Group has a 12-month low of $83.21 and a 12-month high of $154.43. The company has a market cap of $4.87 billion, a PE ratio of 45.48 and a beta of 1.18. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.19 and a current ratio of 1.19.
Colliers International Group (NASDAQ:CIGI – Get Free Report) (TSE:CIGI) last released its quarterly earnings data on Wednesday, November 4th. The financial services provider reported $1.97 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.03. Colliers International Group had a return on equity of 20.17% and a net margin of 1.81%. The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same quarter in the prior year, the company posted $1.64 earnings per share. The business’s quarterly revenue was up 11.9% compared to the same quarter last year. Analysts expect that Colliers International Group will post 6.90 earnings per share for the current fiscal year.
Institutional Trading of Colliers International Group
A number of large investors have recently made changes to their positions in the business. The Manufacturers Life Insurance Company bought a new position in shares of Colliers International Group in the 2nd quarter valued at about $292,656,000. Jupiter Topco LLC purchased a new position in Colliers International Group in the second quarter worth about $238,809,000. Spruce House Investment Management LLC increased its stake in Colliers International Group by 93.0% during the first quarter. Spruce House Investment Management LLC now owns 2,511,000 shares of the financial services provider’s stock worth $268,387,000 after acquiring an additional 1,209,867 shares during the last quarter. Turtle Creek Asset Management Inc. increased its stake in Colliers International Group by 100.9% during the first quarter. Turtle Creek Asset Management Inc. now owns 1,633,556 shares of the financial services provider’s stock worth $174,611,000 after acquiring an additional 820,315 shares during the last quarter. Finally, Cibc World Market Inc. bought a new stake in Colliers International Group during the second quarter worth approximately $56,724,000. 80.09% of the stock is currently owned by institutional investors.
Key Colliers International Group News
Here are the key news stories impacting Colliers International Group this week:
- Positive Sentiment: Q3 adjusted earnings were $1.97 per share, above the $1.94 consensus and up from $1.64 a year earlier. Revenue increased 11.9% year over year. Zacks earnings report
- Neutral Sentiment: Scotiabank kept its “Sector Outperform” rating and $130 price target, though its target is paired with modestly lower earnings forecasts. MarketBeat analyst estimates
- Negative Sentiment: Quarterly revenue was about $1.6 billion, below analysts’ roughly $1.67–$1.68 billion estimate. The shortfall may temper the impact of the earnings beat. MarketScreener revenue report
- Negative Sentiment: Scotiabank reduced its FY2026 EPS estimate to $6.86 from $6.90 and FY2027 estimate to $7.70 from $7.87, signaling slightly softer earnings expectations. MarketBeat analyst estimates
About Colliers International Group
Colliers International Group Inc is a global professional services and investment management company focused on commercial real estate and related business services. The company serves corporate, institutional and private clients through a broad platform that includes leasing, capital markets, valuation and advisory services.
Its other activities include property, facilities and project management, engineering and consulting services, and real estate investment management. These services are designed to help clients manage, develop, lease, acquire and dispose of commercial properties and portfolios across a range of sectors.
Colliers operates across the Americas, Asia Pacific and Europe, the Middle East and Africa through a combination of company-owned operations and affiliated offices.
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