Insider Selling: Colliers International Group Inc (CIGI) Director Sells 3,600 Shares of Stock
Colliers International Group Inc (TSE:CIGI) Director Robert Hemming sold 3,600 shares of the firm’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of C$79.75, for a total transaction of C$287,100.00.
Shares of Colliers International Group Inc (TSE CIGI) traded up C$1.02 during trading on Thursday, hitting C$78.82. 41,314 shares of the company traded hands, compared to its average volume of 44,911. Colliers International Group Inc has a 52-week low of C$46.29 and a 52-week high of C$80.09.
A number of analysts have recently weighed in on CIGI shares. Scotiabank lowered their price target on shares of Colliers International Group from C$76.00 to C$75.50 and set an “outperform” rating on the stock in a report on Wednesday, August 2nd. BMO Capital Markets set a C$65.00 price target on shares of Colliers International Group and gave the company an “outperform” rating in a report on Wednesday, November 1st. Five research analysts have rated the stock with a buy rating, Colliers International Group currently has an average rating of “Buy” and a consensus price target of C$65.75.
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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