Colliers International Group (NASDAQ:CIGI) Given New $140.00 Price Target at Royal Bank Of Canada

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) had its target price lowered by stock analysts at Royal Bank Of Canada from $155.00 to $140.00 in a research report issued on Thursday, Benzinga reports. The firm presently has an “outperform” rating on the financial services provider’s stock. Royal Bank Of Canada‘s target price points to a potential upside of 46.45% from the company’s current price.

CIGI has been the subject of several other reports. BMO Capital Markets reiterated an “outperform” rating on shares of Colliers International Group in a research report on Thursday, September 24th. National Bank Financial reduced their target price on Colliers International Group from $110.00 to $109.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. Weiss Ratings restated a “hold (c-)” rating on shares of Colliers International Group in a research report on Tuesday. Scotiabank decreased 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. Finally, Scotia lowered their price target on Colliers International Group from $150.00 to $145.00 and set a “sector outperform” rating for the company in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $146.71.

Colliers International Group Trading Down 2.9%

CIGI stock traded down $2.90 during trading on Thursday, reaching $95.60. 168,525 shares of the stock were exchanged, compared to its average volume of 288,687. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.61. The business has a 50 day moving average price of $93.24 and a 200-day moving average price of $103.99. Colliers International Group has a 1 year low of $83.21 and a 1 year high of $154.43. The firm has a market capitalization of $4.88 billion, a price-to-earnings ratio of 45.52 and a beta of 1.18.

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

Hedge Funds Weigh In On Colliers International Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Pictet Asset Management Holding SA increased its position in shares of Colliers International Group by 1.7% during the third quarter. Pictet Asset Management Holding SA now owns 8,117 shares of the financial services provider’s stock worth $729,000 after acquiring an additional 137 shares during the period. MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd boosted its holdings in Colliers International Group by 5.3% in the third quarter. MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd now owns 57,665 shares of the financial services provider’s stock valued at $5,178,000 after purchasing an additional 2,900 shares during the period. Compass Ion Advisors LLC boosted its holdings in Colliers International Group by 4.4% in the third quarter. Compass Ion Advisors LLC now owns 2,747 shares of the financial services provider’s stock valued at $247,000 after purchasing an additional 116 shares during the period. Louisbourg Investments Inc. grew its stake in Colliers International Group by 9.1% during the 3rd quarter. Louisbourg Investments Inc. now owns 94,813 shares of the financial services provider’s stock worth $8,525,000 after purchasing an additional 7,881 shares in the last quarter. Finally, Counterpoint Mutual Funds LLC acquired a new position in Colliers International Group during the 3rd quarter worth $599,000. Hedge funds and other institutional investors own 80.09% of the company’s stock.

Colliers International Group News Summary

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.