Colliers International Group (TSE:CIGI) Trading Up 5.8% – Should You Buy?

Colliers International Group Inc. (TSE:CIGI) shares shot up 5.8% on Monday . The stock traded as high as C$215.51 and last traded at C$215.51. 86,916 shares traded hands during mid-day trading, an increase of 53% from the average session volume of 56,904 shares. The stock had previously closed at C$203.79.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus raised their target price on Colliers International Group from C$160.00 to C$180.00 in a report on Thursday, October 31st.

Colliers International Group Stock Up 5.8 %

The firm’s 50 day moving average price is C$204.97 and its 200-day moving average price is C$180.33. The company has a current ratio of 1.03, a quick ratio of 0.58 and a debt-to-equity ratio of 85.02. The company has a market cap of C$10.84 billion, a P/E ratio of 53.08, a price-to-earnings-growth ratio of 0.48 and a beta of 1.66.

Colliers International Group Company Profile

Colliers International Group Inc provides commercial real estate professional and investment management services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers outsourcing and advisory services, such as engineering and project management, property management, valuation, and other services, as well as loan servicing for commercial real estate clients.