Colliers International Group (TSE:CIGI) Shares Down 1.9%

Colliers International Group Inc. (TSE:CIGI)’s stock price was down 1.9% during trading on Thursday . The company traded as low as C$145.79 and last traded at C$147.29. Approximately 51,980 shares changed hands during trading, an increase of 18% from the average daily volume of 44,118 shares. The stock had previously closed at C$150.14.

Analysts Set New Price Targets

Separately, Royal Bank of Canada lifted their target price on Colliers International Group from C$121.00 to C$150.00 and gave the stock an “outperform” rating in a report on Friday, February 9th.

Colliers International Group Trading Down 1.9 %

The company has a current ratio of 1.02, a quick ratio of 0.58 and a debt-to-equity ratio of 111.77. The stock has a market cap of C$7.18 billion, a price-to-earnings ratio of 76.71, a P/E/G ratio of 0.48 and a beta of 1.59. The company has a fifty day simple moving average of C$161.96 and a 200-day simple moving average of C$150.81.

About Colliers International Group

Colliers International Group Inc provides commercial real estate professional and investment management services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers outsourcing and advisory services, such as engineering and project management, property management, valuation, and other services, as well as loan servicing for commercial real estate clients.