Colliers International Group (CIGI) Stock Rating Lowered by BidaskClub
Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a report released on Tuesday.
A number of other equities research analysts have also issued reports on CIGI. Royal Bank of Canada reiterated a “buy” rating and issued a $62.00 target price on shares of Colliers International Group in a research note on Wednesday, September 27th. ValuEngine lowered Colliers International Group from a “buy” rating to a “hold” rating in a research note on Monday, November 6th. Zacks Investment Research upgraded Colliers International Group from a “sell” rating to a “hold” rating in a research note on Tuesday, October 3rd. Scotiabank increased their target price on Colliers International Group from $75.50 to $83.00 and gave the company an “outperform” rating in a research note on Wednesday, November 1st. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $65.00 target price on shares of Colliers International Group in a research note on Wednesday, November 1st. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $71.40.
Shares of Colliers International Group (NASDAQ CIGI) opened at $59.20 on Tuesday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.48. Colliers International Group has a 12 month low of $34.70 and a 12 month high of $62.25. The stock has a market capitalization of $2,332.62, a PE ratio of 25.32 and a beta of 1.80.
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Colliers International Group Company Profile
Colliers International Group Inc is engaged in the provision of commercial real estate services. The Company offers services, including outsourcing and advisory services, lease brokerage and sales brokerage. Its segments include Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and Corporate.
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