Colliers International Group (TSE:CIGI) Stock Price Down 1.9%

Colliers International Group Inc. (TSE:CIGI)’s share price dropped 1.9% on Thursday . The company traded as low as C$145.79 and last traded at C$147.29. Approximately 51,980 shares changed hands during mid-day trading, an increase of 18% from the average daily volume of 44,118 shares. The stock had previously closed at C$150.14.

Analysts Set New Price Targets

Separately, Royal Bank of Canada boosted their target price on Colliers International Group from C$121.00 to C$150.00 and gave the company an “outperform” rating in a research report on Friday, February 9th.

Colliers International Group Stock Performance

The business has a 50-day moving average of C$161.96 and a two-hundred day moving average of C$150.81. The company has a debt-to-equity ratio of 111.77, a current ratio of 1.02 and a quick ratio of 0.58. The company has a market cap of C$7.18 billion, a P/E ratio of 76.71, a P/E/G ratio of 0.48 and a beta of 1.59.

About Colliers International Group

Colliers International Group Inc provides commercial real estate professional and investment management services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers outsourcing and advisory services, such as engineering and project management, property management, valuation, and other services, as well as loan servicing for commercial real estate clients.