Stifel Nicolaus Has Lowered Expectations for Colliers International Group (NASDAQ:CIGI) Stock Price

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) had its price target cut by stock analysts at Stifel Nicolaus from $155.00 to $150.00 in a report released on Thursday, BayStreet reports. The firm presently has a “buy” rating on the financial services provider’s stock. Stifel Nicolaus‘s price target would indicate a potential upside of 58.21% from the company’s previous close.

Other analysts also recently issued reports about the company. Scotia lowered their price target on 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 lowered their price target on Colliers International Group from $155.00 to $140.00 and set an “outperform” rating for the company in a report on Thursday. National Bank Financial cut their target price on shares of Colliers International Group from $110.00 to $109.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. Scotiabank cut their price target on Colliers International Group from $145.00 to $130.00 and set a “sector outperform” rating on the stock in a report on Wednesday, October 28th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Colliers International Group in a research note on Thursday, September 24th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Colliers International Group has an average rating of “Moderate Buy” and a consensus price target of $140.71.

Colliers International Group Price Performance

Shares of Colliers International Group stock traded down $1.21 during trading hours on Thursday, reaching $94.81. The company’s stock had a trading volume of 167,732 shares, compared to its average volume of 211,267. The firm has a 50 day moving average price of $92.91 and a 200-day moving average price of $103.49. The company has a debt-to-equity ratio of 1.61, a current ratio of 1.19 and a quick ratio of 1.19. The stock has a market cap of $4.84 billion, a P/E ratio of 66.77 and a beta of 1.18. Colliers International Group has a one year low of $83.21 and a one year high of $153.87.

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) last released its quarterly earnings results on Wednesday, November 4th. The financial services provider reported $1.97 EPS for the quarter, topping the consensus estimate of $1.94 by $0.03. Colliers International Group had a return on equity of 20.17% and a net margin of 1.81%. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same quarter last year, the business posted $1.64 earnings per share. The firm’s revenue was up 11.9% on a year-over-year basis. On average, analysts predict that Colliers International Group will post 6.89 EPS for the current year.

Hedge Funds Weigh In On Colliers International Group

Several hedge funds have recently modified their holdings of the stock. The Manufacturers Life Insurance Company acquired a new position in shares of Colliers International Group during the second quarter valued at about $292,656,000. Jupiter Topco LLC acquired a new stake in Colliers International Group in the 2nd quarter worth approximately $238,809,000. Spruce House Investment Management LLC boosted its stake in Colliers International Group by 93.0% in the 1st quarter. Spruce House Investment Management LLC now owns 2,511,000 shares of the financial services provider’s stock worth $268,387,000 after purchasing an additional 1,209,867 shares in the last quarter. Turtle Creek Asset Management Inc. boosted its stake in Colliers International Group by 100.9% in the 1st quarter. Turtle Creek Asset Management Inc. now owns 1,633,556 shares of the financial services provider’s stock worth $174,611,000 after purchasing an additional 820,315 shares in the last quarter. Finally, William Blair Investment Management LLC purchased a new stake in Colliers International Group during the 3rd quarter worth approximately $41,702,000. Institutional investors and hedge funds own 80.09% of the company’s stock.

More Colliers International Group News

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.