National Bank Financial Forecasts Strong Price Appreciation for Colliers International Group (NASDAQ:CIGI) Stock

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) had its price target raised by research analysts at National Bank Financial from $109.00 to $122.00 in a research note issued on Thursday, BayStreet reports. The firm presently has an “outperform” rating on the financial services provider’s stock. National Bank Financial‘s target price indicates a potential upside of 28.68% from the company’s previous close.

Other equities research analysts have also issued research reports about the stock. BMO Capital Markets reaffirmed an “outperform” rating on shares of Colliers International Group in a report on Thursday, September 24th. Scotia lowered their price target on shares of Colliers International Group from $150.00 to $145.00 and set a “sector outperform” rating on the stock in a research report on Friday, July 31st. Raymond James Financial dropped their price objective on shares of Colliers International Group from $160.00 to $150.00 and set a “strong-buy” rating for the company in a research note on Thursday. Royal Bank Of Canada cut their price objective on shares of Colliers International Group from $155.00 to $140.00 and set an “outperform” rating for the company in a report on Thursday. Finally, Stifel Nicolaus decreased their target price on shares of Colliers International Group from $155.00 to $150.00 and set a “buy” rating on the stock in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $140.71.

Colliers International Group Price Performance

Shares of CIGI traded down $1.21 during trading hours on Thursday, hitting $94.81. 167,732 shares of the stock were exchanged, compared to its average volume of 211,267. The stock’s 50-day moving average price is $92.91 and its two-hundred day moving average price is $103.49. Colliers International Group has a 12-month low of $83.21 and a 12-month high of $153.87. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.19 and a current ratio of 1.19. The company has a market cap of $4.84 billion, a price-to-earnings ratio of 66.77 and a beta of 1.18.

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) last announced its quarterly earnings data on Wednesday, November 4th. The financial services provider reported $1.97 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.03. The company had revenue of $1.60 billion for 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 for the quarter was up 11.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.64 EPS. Research analysts expect that Colliers International Group will post 6.89 earnings per share for the current year.

Institutional Trading of Colliers International Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Wellington Management Group LLP acquired a new position in shares of Colliers International Group during the 2nd quarter valued at about $41,488,000. Bank of America Corp DE acquired a new stake in Colliers International Group during the second quarter worth about $37,034,000. BlackRock Inc. acquired a new stake in Colliers International Group during the second quarter worth about $8,692,000. The Manufacturers Life Insurance Company purchased a new position in Colliers International Group during the second quarter worth about $292,656,000. Finally, Public Employees Retirement System of Ohio purchased a new position in Colliers International Group during the second quarter worth about $1,996,000. 80.09% of the stock is owned by institutional investors and hedge funds.

Colliers International Group News Summary

Here are the key news stories impacting Colliers International Group this week:

• Positive Sentiment: National Bank Financial raised its price target to $122 from $109 and reiterated an “outperform” rating, indicating continued confidence in Colliers’ potential. National Bank Financial forecast
• Negative Sentiment: Royal Bank of Canada cut its target to $140 from $155 but kept an “outperform” rating. Raymond James lowered its target to $150 from $160 while maintaining “strong buy”; Stifel Nicolaus also reduced its target to $150 from $155 but retained “buy.” These target reductions signal more cautious valuation assumptions, though all targets remain above the recent share price. RBC price target update Raymond James price target update
• Negative Sentiment: Scotiabank trimmed its EPS forecasts to $6.86 for FY2026 from $6.90 and $7.70 for FY2027 from $7.87. It maintained a “Sector Outperform” rating and $130 target, but lower earnings expectations are a modest headwind.

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.