Scotiabank raised the firm’s price target on Colliers International (CIGI) to $172.50 from $167.50 and keeps an Outperform rating on the shares. The firm sees continued momentum on the company’s real estate transaction activity and re-rating of investment management. Colliers is the consensus favorite in the group with tangible catalysts and growth drivers ahead, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CIGI:
- Colliers International initiated with a Neutral at Goldman Sachs
- Colliers International Appoints Veteran John Sullivan to Board
- Colliers Declares Dividend Amid Strong Financial Performance
- Colliers International announces partnership with MG2 Corporation
- Colliers Boosts Credit Facility to Fuel Global Expansion
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue