Insider Buying: Colliers International Group Inc (CIGI) Director Buys 1,000 Shares of Stock
Colliers International Group Inc (TSE:CIGI) Director Katherine M. Lee bought 1,000 shares of Colliers International Group stock in a transaction that occurred on Friday, August 4th. The stock was purchased at an average cost of C$66.00 per share, with a total value of C$66,000.00.
Shares of Colliers International Group Inc (CIGI) traded up 0.20% on Tuesday, hitting $65.96. The company’s stock had a trading volume of 4,671 shares. The firm has a market cap of $2.56 billion and a price-to-earnings ratio of 39.85. Colliers International Group Inc has a 52 week low of $45.97 and a 52 week high of $77.00. The stock’s 50-day moving average price is $70.86 and its 200-day moving average price is $65.08.
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Several research analysts recently commented on CIGI shares. BMO Capital Markets set a C$60.00 target price on Colliers International Group and gave the stock an “outperform” rating in a research report on Wednesday, May 3rd. Royal Bank Of Canada raised their target price on Colliers International Group from C$50.00 to C$58.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 3rd. Finally, Scotiabank raised their target price on Colliers International Group from C$66.00 to C$76.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 3rd. Five equities research analysts have rated the stock with a buy rating, Colliers International Group presently has an average rating of “Buy” and a consensus target price of C$62.63.
About Colliers International Group
Colliers International Group Inc provides commercial real estate services to corporations, financial institutions, governments, and individuals worldwide. The companys Sales and Lease Brokerage division offers transaction brokerage services, including landlord representation, tenant representation, and capital markets and investment services, as well as property management, leasing, and valuations.
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