Insider Selling: Colliers International Group Inc (CIGI) Insider Sells 10,000 Shares of Stock
Colliers International Group Inc (TSE:CIGI) insider C.R. Mclernon sold 10,000 shares of Colliers International Group stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of C$59.24, for a total value of C$592,400.00.
Colliers International Group Inc (CIGI) traded down C$1.97 on Friday, reaching C$75.50. The company’s stock had a trading volume of 42,308 shares.
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Several analysts have commented on CIGI shares. Scotiabank lowered their price target on Colliers International Group from C$76.00 to C$75.50 and set an “outperform” rating for the company in a report on Wednesday, August 2nd. BMO Capital Markets set a C$65.00 price target on Colliers International Group and gave the company an “outperform” rating in a report on Wednesday. Five research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average target price of C$65.75.
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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