Colliers International Gr (NASDAQ:CIGI) (TSE:CIGI) was downgraded by research analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Saturday.

Several other research firms also recently commented on CIGI. William Blair restated an “outperform” rating on shares of Colliers International Gr in a report on Thursday, February 1st. Royal Bank of Canada boosted their price objective on Colliers International Gr from $66.00 to $71.00 and gave the company an “outperform” rating in a report on Thursday, February 15th. ValuEngine upgraded Colliers International Gr from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Raymond James upped their price target on Colliers International Gr from $67.00 to $75.00 and gave the stock an “outperform” rating in a report on Friday, February 16th. Finally, TheStreet upgraded Colliers International Gr from a “c+” rating to a “b+” rating in a report on Wednesday, February 14th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Colliers International Gr presently has a consensus rating of “Buy” and an average target price of $72.40.

NASDAQ CIGI opened at $68.30 on Friday. The company has a market cap of $2,609.44, a PE ratio of 22.62 and a beta of 1.54. Colliers International Gr has a 52 week low of $46.60 and a 52 week high of $72.05. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.85.

Colliers International Gr (NASDAQ:CIGI) (TSE:CIGI) last released its quarterly earnings data on Wednesday, February 14th. The financial services provider reported $1.39 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.21 by $0.18. The firm had revenue of $734.25 million during the quarter, compared to the consensus estimate of $648.86 million. Colliers International Gr had a return on equity of 40.34% and a net margin of 2.17%. The company’s quarterly revenue was up 27.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.22 earnings per share. equities analysts anticipate that Colliers International Gr will post 2.04 earnings per share for the current fiscal year.

A number of institutional investors have recently made changes to their positions in the stock. Beutel Goodman & Co Ltd. bought a new stake in Colliers International Gr during the fourth quarter worth $117,633,000. Renaissance Technologies LLC grew its holdings in Colliers International Gr by 4.5% during the fourth quarter. Renaissance Technologies LLC now owns 859,200 shares of the financial services provider’s stock worth $51,856,000 after buying an additional 36,800 shares in the last quarter. Mackenzie Financial Corp grew its holdings in Colliers International Gr by 305.1% during the fourth quarter. Mackenzie Financial Corp now owns 305,329 shares of the financial services provider’s stock worth $18,427,000 after buying an additional 229,960 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in Colliers International Gr by 31.6% during the fourth quarter. The Manufacturers Life Insurance Company now owns 261,450 shares of the financial services provider’s stock worth $15,779,000 after buying an additional 62,834 shares in the last quarter. Finally, Deutsche Bank AG grew its holdings in Colliers International Gr by 25.2% during the fourth quarter. Deutsche Bank AG now owns 234,768 shares of the financial services provider’s stock worth $14,168,000 after buying an additional 47,253 shares in the last quarter. Institutional investors and hedge funds own 73.03% of the company’s stock.

About Colliers International Gr

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.

Analyst Recommendations for Colliers International Gr (NASDAQ:CIGI)

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