Colliers International Group Inc. (NASDAQ:CIGI) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Analysts give Colliers a consensus rating of "Moderate Buy" from 11 firms (1 sell, 4 hold, 5 buy, 1 strong buy) with an average 1‑year target of $170.00.
• Several major brokerages recently trimmed price targets (e.g., National Bank $185→$160; Raymond James $200→$185; RBC $190→$180), though many maintain positive ratings like "outperform" or "strong-buy."
• 80.09% of CIGI is owned by institutional investors — notable recent buys from Durable Capital, Norges Bank, BMO and JPMorgan — while the stock trades around $107.97 (1‑yr range $98.97–$171.51) with a P/E of about 53.7.

Shares of Colliers International Group Inc. (NASDAQ:CIGI - Get Free Report) TSE: CIGI have been assigned a consensus rating of "Moderate Buy" from the eleven ratings firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $170.00.

A number of analysts recently commented on CIGI shares. Stifel Nicolaus set a $175.00 price objective on Colliers International Group in a research report on Friday. National Bank Financial dropped their target price on Colliers International Group from $185.00 to $160.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 17th. Raymond James Financial cut their price target on Colliers International Group from $200.00 to $185.00 and set a "strong-buy" rating for the company in a research note on Tuesday, February 17th. Royal Bank Of Canada lowered their price objective on shares of Colliers International Group from $190.00 to $180.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 17th. Finally, Wall Street Zen downgraded shares of Colliers International Group from a "buy" rating to a "hold" rating in a report on Saturday, February 14th.

Institutional Trading of Colliers International Group

Several institutional investors and hedge funds have recently modified their holdings of CIGI. Durable Capital Partners LP grew its stake in Colliers International Group by 22.0% during the second quarter. Durable Capital Partners LP now owns 3,625,501 shares of the financial services provider's stock valued at $473,273,000 after acquiring an additional 652,744 shares in the last quarter. Norges Bank bought a new stake in Colliers International Group in the 4th quarter valued at $84,906,000. Bank of Montreal Can lifted its stake in Colliers International Group by 69.0% in the 4th quarter. Bank of Montreal Can now owns 1,076,806 shares of the financial services provider's stock worth $158,274,000 after purchasing an additional 439,607 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Colliers International Group by 114,621.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 344,165 shares of the financial services provider's stock valued at $53,762,000 after purchasing an additional 343,865 shares during the last quarter. Finally, Alberta Investment Management Corp bought a new position in shares of Colliers International Group during the 4th quarter valued at about $47,799,000. 80.09% of the stock is currently owned by institutional investors.

Colliers International Group Stock Performance

Shares of Colliers International Group stock opened at $107.97 on Friday. Colliers International Group has a 1 year low of $98.97 and a 1 year high of $171.51. The firm's 50-day moving average is $129.62 and its 200 day moving average is $145.42. The stock has a market cap of $5.37 billion, a price-to-earnings ratio of 53.72 and a beta of 1.40. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.10 and a quick ratio of 1.10.

Colliers International Group Company Profile

Colliers International Group Inc is a global commercial real estate services and investment management firm offering a full suite of solutions to occupiers, owners and investors. The company's real estate services encompass brokerage and agency leasing, capital markets advisory, property and facility management, valuation and advisory, project and development services, workplace and corporate real estate solutions, and market research. Through these offerings, Colliers supports clients across the entire real estate life cycle, from site selection to asset disposition.

The firm operates through two principal segments: real estate services and investment management.

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