Scotiabank Has Bullish Outlook for TSE:CIG FY2024 Earnings

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

Other equities research analysts have also recently issued reports about the company. National Bank Financial raised Colliers International Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 5th. The Goldman Sachs Group raised shares of Colliers International Group to a “hold” rating in a research report on Friday, December 6th.

Colliers International Group Price Performance

Colliers International Group has a 52-week low of C$1.89 and a 52-week high of C$47.85.

Insider Activity at Colliers International Group

In other news, 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 transaction of C$4,184,238.00. Also, Senior Officer Matthew Hawkins sold 9,083 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of C$204.08, for a total transaction of C$1,853,689.52. In the last three months, insiders have sold 39,259 shares of company stock valued at $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.