Colliers International Group Inc (TSE:CIGI) traded up 10.3% during trading on Wednesday . The stock traded as high as C$84.31 and last traded at C$82.73. 81,822 shares changed hands during trading, an increase of 62% from the average session volume of 50,480 shares. The stock had previously closed at C$75.00.

Several equities research analysts recently commented on the company. BMO Capital Markets set a C$65.00 target price on Colliers International Group and gave the company an “outperform” rating in a report on Wednesday, November 1st. Scotiabank raised their target price on Colliers International Group from C$75.50 to C$83.00 and gave the company an “outperform” rating in a report on Wednesday, November 1st. Five investment analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average target price of C$65.75.

The firm has a market cap of $2,750.00, a price-to-earnings ratio of 39.27 and a beta of 1.60.

In other Colliers International Group news, insider John Friedrichsen sold 9,000 shares of Colliers International Group stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of C$76.10, for a total transaction of C$684,900.00. Also, Director Dylan Taylor sold 11,087 shares of Colliers International Group stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of C$62.00, for a total value of C$687,394.00. Insiders have sold a total of 27,248 shares of company stock worth $1,880,116 over the last 90 days.

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Colliers International Group Company Profile

Colliers International Group Inc provides commercial real estate services to corporations, financial institutions, governments, and individuals worldwide. The company's Sales and Lease Brokerage division offers transaction brokerage services, including landlord representation, tenant representation, and capital markets and investment services, as well as property management, leasing, and valuations.

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