BMO Capital Markets Reiterates “Outperform” Rating for Colliers International Group (CIGI)

BMO Capital Markets reissued their outperform rating on shares of Colliers International Group (TSE:CIGI) in a research note released on Thursday. BMO Capital Markets currently has a C$75.00 price target on the stock.

Separately, Scotiabank raised their price objective on shares of Colliers International Group from C$75.50 to C$83.00 and gave the stock an outperform rating in a report on Wednesday, November 1st.

Colliers International Group (TSE:CIGI) opened at C$81.19 on Thursday. Colliers International Group has a 12-month low of C$58.41 and a 12-month high of C$86.50. The firm has a market cap of $3,150.00, a PE ratio of 41.01 and a beta of 1.60.

In related news, Director Dylan Taylor sold 11,087 shares of the firm’s stock in a transaction dated Friday, November 24th. The shares were sold at an average price of C$62.00, for a total transaction of C$687,394.00. Also, insider C.R. Mclernon sold 4,950 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of C$65.73, for a total transaction of C$325,363.50. Insiders have sold 23,198 shares of company stock valued at $1,520,580 in the last 90 days.

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About Colliers International Group

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.

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