Colliers International Group (NASDAQ:CIGI) Price Target Cut to $150.00 by Analysts at Stifel Nicolaus

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) had its target price lowered by equities researchers at Stifel Nicolaus from $155.00 to $150.00 in a note issued to investors on Thursday, BayStreet reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. Stifel Nicolaus‘s price target would indicate a potential upside of 57.35% from the company’s current price.

Several other research analysts also recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Colliers International Group in a report on Tuesday. Raymond James Financial lowered their target price on Colliers International Group from $160.00 to $150.00 and set a “strong-buy” rating for the company in a research note on Thursday. Scotia dropped their target price on 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. National Bank Financial dropped their target price on Colliers International Group from $110.00 to $109.00 and set an “outperform” rating for the company in a research report on Thursday, October 15th. Finally, Scotiabank cut their price target on Colliers International Group from $145.00 to $130.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Colliers International Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $140.71.

Colliers International Group Price Performance

CIGI traded down $3.17 during midday trading on Thursday, hitting $95.33. The company had a trading volume of 208,875 shares, compared to its average volume of 288,839. Colliers International Group has a twelve month low of $83.21 and a twelve month high of $154.43. The company has a market capitalization 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. The firm’s 50-day simple moving average is $93.24 and its 200-day simple moving average is $103.99.

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) last released its quarterly earnings results on Wednesday, November 4th. The financial services provider reported $1.97 EPS for the quarter, beating the consensus estimate of $1.94 by $0.03. Colliers International Group had a net margin of 1.81% and a return on equity of 20.17%. The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same period in the prior year, the firm earned $1.64 earnings per share. Colliers International Group’s revenue was up 11.9% compared to the same quarter last year. Equities research analysts predict that Colliers International Group will post 6.90 EPS for the current fiscal year.

Institutional Trading of Colliers International Group

A number of institutional investors have recently bought and sold shares of CIGI. Wellington Management Group LLP acquired a new position in Colliers International Group in the second quarter valued at about $41,488,000. Bank of America Corp DE acquired a new position in shares of Colliers International Group during the 2nd quarter worth about $37,034,000. BlackRock Inc. bought a new stake in shares of Colliers International Group in the 2nd quarter valued at about $8,692,000. The Manufacturers Life Insurance Company bought a new stake in shares of Colliers International Group in the 2nd quarter valued at about $292,656,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Colliers International Group in the 2nd quarter valued at about $1,996,000. Institutional investors and hedge funds own 80.09% of the company’s stock.

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.