Colliers International Group Inc (TSE:CIGI) insider Jay Steward Hennick sold 100,000 shares of Colliers International Group stock in a transaction that occurred on Thursday, June 15th. The shares were sold at an average price of C$70.45, for a total value of C$7,045,000.00.
Shares of Colliers International Group Inc (TSE:CIGI) opened at 70.72 on Tuesday. The company’s 50-day moving average price is $71.46 and its 200-day moving average price is $60.49. Colliers International Group Inc has a one year low of $42.80 and a one year high of $75.31. The company has a market capitalization of $2.75 billion and a price-to-earnings ratio of 36.47.
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Several research analysts recently issued reports on CIGI shares. Scotiabank lifted their target price on Colliers International Group from C$66.00 to C$76.00 and gave the company an “outperform” rating in a research report on Wednesday, May 3rd. Royal Bank Of Canada lifted their price target on Colliers International Group from C$50.00 to C$58.00 and gave the stock an “outperform” rating in a report on Wednesday, May 3rd. BMO Capital Markets set a C$60.00 price target on Colliers International Group and gave the stock an “outperform” rating in a report on Wednesday, May 3rd. Finally, Raymond James Financial, Inc. lifted their price target on Colliers International Group from C$51.00 to C$57.00 and gave the stock an “outperform” rating in a report on Wednesday, March 1st. Five equities research analysts have rated the stock with a buy rating, Colliers International Group currently has an average rating of “Buy” and a consensus price target of C$62.75.
About Colliers International Group
Colliers International Group Inc is engaged in the provision of commercial real estate services. The Company offers services, including outsourcing and advisory services, lease brokerage and sales brokerage. Its segments include Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and Corporate.
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