Colliers International Group (NASDAQ:CIGI) Given New $195.00 Price Target at Stifel Nicolaus

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) had its price target upped by Stifel Nicolaus from $190.00 to $195.00 in a report issued on Wednesday,BayStreet.CA reports. Stifel Nicolaus currently has a buy rating on the financial services provider’s stock.

CIGI has been the subject of several other reports. Raymond James Financial upgraded Colliers International Group from an “outperform” rating to a “strong-buy” rating and upped their target price for the stock from $195.00 to $200.00 in a report on Wednesday. Wall Street Zen raised shares of Colliers International Group from a “hold” rating to a “buy” rating in a research note on Sunday, January 25th. National Bankshares increased their target price on shares of Colliers International Group from $181.00 to $185.00 in a report on Monday, December 15th. Weiss Ratings restated a “hold (c)” rating on shares of Colliers International Group in a report on Wednesday, January 21st. Finally, CIBC upped their price target on shares of Colliers International Group from $175.00 to $179.00 and gave the stock an “outperform” rating in a research report on Monday, October 20th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Colliers International Group has a consensus rating of “Moderate Buy” and a consensus price target of $178.70.

Colliers International Group Stock Performance

Shares of NASDAQ:CIGI opened at $134.62 on Wednesday. The firm’s 50 day simple moving average is $144.09 and its 200-day simple moving average is $151.98. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.14 and a current ratio of 1.14. Colliers International Group has a one year low of $100.86 and a one year high of $171.51. The firm has a market cap of $6.70 billion, a PE ratio of 58.79 and a beta of 1.40.

Colliers International Group Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, January 14th. Investors of record on Wednesday, December 31st were paid a dividend of $0.15 per share. This represents a dividend yield of 20.0%. The ex-dividend date was Wednesday, December 31st. Colliers International Group’s payout ratio is 13.10%.

Hedge Funds Weigh In On Colliers International Group

Several institutional investors and hedge funds have recently bought and sold shares of CIGI. Intact Investment Management Inc. grew its position in Colliers International Group by 19.3% during the 3rd quarter. Intact Investment Management Inc. now owns 75,180 shares of the financial services provider’s stock worth $11,759,000 after purchasing an additional 12,140 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of Colliers International Group by 21.3% during the second quarter. The Manufacturers Life Insurance Company now owns 903,500 shares of the financial services provider’s stock worth $117,619,000 after buying an additional 158,668 shares during the period. Ceredex Value Advisors LLC grew its holdings in shares of Colliers International Group by 2.9% during the second quarter. Ceredex Value Advisors LLC now owns 84,045 shares of the financial services provider’s stock valued at $10,971,000 after buying an additional 2,350 shares during the last quarter. Cidel Asset Management Inc. increased its position in shares of Colliers International Group by 1.4% in the 2nd quarter. Cidel Asset Management Inc. now owns 129,280 shares of the financial services provider’s stock valued at $16,881,000 after acquiring an additional 1,756 shares during the period. Finally, American Century Companies Inc. increased its position in shares of Colliers International Group by 69.8% in the 2nd quarter. American Century Companies Inc. now owns 361,865 shares of the financial services provider’s stock valued at $47,240,000 after acquiring an additional 148,783 shares during the period. 80.09% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Colliers International Group

Here are the key news stories impacting Colliers International Group this week:

• Positive Sentiment: Raymond James upgraded CIGI to a “strong-buy” and lifted its price target to $200, signaling confidence in the company’s growth trajectory and implying substantial upside from current levels. Raymond James Upgrade
• Positive Sentiment: Stifel Nicolaus also raised its price target on CIGI to $195 and maintained a “buy” rating, reinforcing the bullish analyst sentiment that is supporting the stock move. Stifel Price Target Raise
• Positive Sentiment: Colliers announced it will acquire Ayesa Engineering, expanding the company’s global engineering reach and capabilities — a strategic M&A move that should enhance service offerings and cross-selling opportunities. Colliers to Acquire Ayesa Engineering
• Positive Sentiment: Separately, Colliers announced the acquisition of a California-based transit engineering and program management firm, further bolstering its transportation engineering footprint and recurring project pipeline. California Transit Engineering Acquisition
• Neutral Sentiment: A short-interest report shows anomalous values (zeros/NaN) for the period, which provides no reliable signal about bearish positioning; current short-interest data appears uninformative.
• Neutral Sentiment: An independent “critical analysis” piece on Colliers was published; such commentary can raise questions but does not appear to be driving the intraday move compared with the analyst upgrades and M&A news. Critical Analysis

Colliers International Group Company Profile

Colliers International Group Inc is a global commercial real estate services and investment management firm offering a full suite of solutions to occupiers, owners and investors. The company’s real estate services encompass brokerage and agency leasing, capital markets advisory, property and facility management, valuation and advisory, project and development services, workplace and corporate real estate solutions, and market research. Through these offerings, Colliers supports clients across the entire real estate life cycle, from site selection to asset disposition.

The firm operates through two principal segments: real estate services and investment management.