Colliers International Group (NASDAQ:CIGI) Stock Price Target Cut by Royal Bank Of Canada

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

Other research analysts have also issued reports about the stock. Scotia cut 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 report on Friday, July 31st. Scotiabank dropped their price objective on shares of Colliers International Group from $145.00 to $130.00 and set a “sector outperform” rating for the company in a research note on Wednesday, October 28th. National Bank Financial reduced their price objective on Colliers International Group from $110.00 to $109.00 and set an “outperform” rating on the stock in a research note on Thursday, October 15th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Colliers International Group in a research note on Tuesday. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Colliers International Group in a research note on Thursday, September 24th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Colliers International Group presently has an average rating of “Moderate Buy” and a consensus price target of $146.71.

Colliers International Group Price Performance

Shares of CIGI stock traded down $2.90 during trading hours on Thursday, hitting $95.60. The stock had a trading volume of 168,525 shares, compared to its average volume of 288,687. The company has a debt-to-equity ratio of 1.61, a current ratio of 1.19 and a quick ratio of 1.19. The stock 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 has a one year low of $83.21 and a one year high of $154.43. The stock’s 50-day moving average price is $93.24 and its two-hundred day moving average price is $103.99.

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

Institutional Trading of Colliers International Group

A number of hedge funds and other institutional investors have recently made changes to their positions 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 purchasing an additional 137 shares in the last quarter. MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd grew its stake in Colliers International Group by 5.3% during the 3rd quarter. MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd now owns 57,665 shares of the financial services provider’s stock valued at $5,178,000 after acquiring an additional 2,900 shares in the last quarter. Compass Ion Advisors LLC raised its holdings in Colliers International Group by 4.4% in the 3rd quarter. Compass Ion Advisors LLC now owns 2,747 shares of the financial services provider’s stock valued at $247,000 after acquiring an additional 116 shares during the last quarter. Louisbourg Investments Inc. raised its holdings in Colliers International Group by 9.1% in the 3rd quarter. Louisbourg Investments Inc. now owns 94,813 shares of the financial services provider’s stock valued at $8,525,000 after acquiring an additional 7,881 shares during the last quarter. Finally, Counterpoint Mutual Funds LLC acquired a new stake in Colliers International Group in the 3rd quarter valued at about $599,000. Institutional investors and hedge funds own 80.09% of the company’s stock.

Key Headlines Impacting Colliers International Group

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

Colliers International Group Company Profile

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.