Scotiabank Has Bullish Estimate for TSE:CIG FY2024 Earnings

Colliers International Group Inc (TSE:CIG) (NASDAQ:CIGI) – Scotiabank boosted their FY2024 earnings per share (EPS) estimates for Colliers International Group in a note issued to investors on Wednesday, January 8th. Scotiabank analyst H. Gupta now forecasts that the company will post earnings of $7.77 per share for the year, up from their prior forecast of $7.57.

A number of other equities research analysts also recently weighed in on the stock. The Goldman Sachs Group raised shares of Colliers International Group to a “hold” rating in a research note on Friday, December 6th. National Bank Financial raised Colliers International Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 5th.

Colliers International Group Price Performance

Colliers International Group has a 12-month low of C$1.89 and a 12-month high of C$47.85.

Insider Transactions at Colliers International Group

In other Colliers International Group news, Director Benjamin Forester Stein sold 3,695 shares of Colliers International Group stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of C$213.91, for a total value of C$790,400.47. Also, Senior Officer Christian Mayer sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of C$209.21, for a total value of C$4,184,238.00. In the last ninety days, insiders sold 39,259 shares of company stock worth $8,112,800.

Colliers International Group Company Profile

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.