Analyst Stephen Macleod of BMO Capital maintained a Buy rating on Colliers International Group (CIGI – Research Report), with a price target of $172.00.
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Stephen Macleod’s rating is based on the strategic positioning of Colliers International Group for long-term growth despite recent setbacks. The company experienced a decline in stock value due to a weaker-than-expected fourth-quarter earnings report and cautious guidance for 2025, which Macleod perceives as an attractive opportunity for investors to buy in. He believes that Colliers will compound shareholder value over time, with a significant growth acceleration expected by the end of 2025 and into 2026.
Colliers’ core business segments, such as Outsourcing, Engineering, and Investment Management, show solid performance and growth potential. The company is initiating a new fundraising cycle and is expected to launch new investment products, potentially increasing assets under management. Despite near-term challenges, Colliers’ strategic acquisitions and market expansion efforts position it well for future revenue and margin improvements. Macleod sees the undervaluation of Colliers’ shares as an opportunity for investors, underpinned by the company’s growth initiatives and financial health.
According to TipRanks, Macleod is a 5-star analyst with an average return of 11.9% and a 58.62% success rate. Macleod covers the Consumer Cyclical sector, focusing on stocks such as Aritzia, Dorel Class B, and CCL Industries.
In another report released today, Scotiabank also maintained a Buy rating on the stock with a $166.00 price target.