Scotiabank lowered the firm’s price target on Colliers International (CIGI) to $166 from $170 and keeps an Outperform rating on the shares. Following Q4 results, the firm reduced its 2025 EBITDA and EPS, the analyst says. Scotiabank, however, does believe Colliers might have been conservative with its 2025 guidance and provided only the low-end of expectations.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CIGI:
- Colliers International price target lowered to $170 from $175 at Raymond James
- Colliers International Reports Robust 2024 Growth
- Colliers International Reports Strong Q4 Earnings Growth
- Colliers International Reports Robust Financial Growth for 2024
- Colliers sees FY25 high single digit to low teens % revenue growth