Colliers International Group (NASDAQ:CIGI) Given New $122.00 Price Target at National Bank Financial

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) had its target price raised by equities research analysts at National Bank Financial from $109.00 to $122.00 in a research note issued on Thursday, BayStreet reports. The brokerage currently has an “outperform” rating on the financial services provider’s stock. National Bank Financial‘s price target would suggest a potential upside of 27.98% from the company’s previous close.

A number of other research analysts also recently issued reports on CIGI. Scotia decreased their target price on shares of Colliers International Group from $150.00 to $145.00 and set a “sector outperform” rating for the company in a research report on Friday, July 31st. Royal Bank Of Canada cut their price target on Colliers International Group from $155.00 to $140.00 and set an “outperform” rating on the stock in a research report on Thursday. Stifel Nicolaus reduced their price objective on Colliers International Group from $155.00 to $150.00 and set a “buy” rating for the company in a research note on Thursday. BMO Capital Markets reissued an “outperform” rating on shares of Colliers International Group in a report on Thursday, September 24th. Finally, Raymond James Financial lowered their target price on Colliers International Group from $160.00 to $150.00 and set a “strong-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 issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $140.71.

Colliers International Group Stock Performance

NASDAQ CIGI traded down $3.17 on Thursday, hitting $95.33. 208,875 shares of the company’s stock traded hands, compared to its average volume of 288,839. The firm’s 50-day moving average price is $93.24 and its two-hundred day moving average price is $103.99. The firm has a market capitalization of $4.87 billion, a PE ratio of 45.48 and a beta of 1.18. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.61. Colliers International Group has a 1-year low of $83.21 and a 1-year high of $154.43.

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) last released its quarterly earnings data on Wednesday, November 4th. The financial services provider reported $1.97 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.03. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.67 billion. Colliers International Group had a net margin of 1.81% and a return on equity of 20.17%. The business’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.64 earnings per share. As a group, analysts expect that Colliers International Group will post 6.90 EPS for the current year.

Institutional Trading of Colliers International Group

Several institutional investors have recently bought and sold shares of CIGI. Pictet Asset Management Holding SA increased its position in shares of Colliers International Group by 1.7% in the third quarter. Pictet Asset Management Holding SA now owns 8,117 shares of the financial services provider’s stock valued at $729,000 after buying an additional 137 shares in the last quarter. MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd raised its stake in shares of Colliers International Group by 5.3% during the 3rd quarter. MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd now owns 57,665 shares of the financial services provider’s stock worth $5,178,000 after buying an additional 2,900 shares during the period. Compass Ion Advisors LLC lifted its position in shares of Colliers International Group by 4.4% during the 3rd quarter. Compass Ion Advisors LLC now owns 2,747 shares of the financial services provider’s stock valued at $247,000 after buying an additional 116 shares in the last quarter. Louisbourg Investments Inc. lifted its position in shares of Colliers International Group by 9.1% during the 3rd quarter. Louisbourg Investments Inc. now owns 94,813 shares of the financial services provider’s stock valued at $8,525,000 after buying an additional 7,881 shares in the last quarter. Finally, Counterpoint Mutual Funds LLC purchased a new position in shares of Colliers International Group during the 3rd quarter valued at approximately $599,000. 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: Q3 adjusted earnings were $1.97 per share, above the $1.94 consensus and up from $1.64 a year earlier. Revenue increased 11.9% year over year. Zacks earnings report
• Neutral Sentiment: Scotiabank kept its “Sector Outperform” rating and $130 price target, though its target is paired with modestly lower earnings forecasts. MarketBeat analyst estimates
• Negative Sentiment: Quarterly revenue was about $1.6 billion, below analysts’ roughly $1.67–$1.68 billion estimate. The shortfall may temper the impact of the earnings beat. MarketScreener revenue report
• Negative Sentiment: Scotiabank reduced its FY2026 EPS estimate to $6.86 from $6.90 and FY2027 estimate to $7.70 from $7.87, signaling slightly softer earnings expectations. MarketBeat analyst estimates

About Colliers International Group

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.