Scotiabank lowered the firm’s price target on Colliers International (CIGI) to $170 from $172 and keeps an Outperform rating on the shares. While the firm is trimming its price target and reducing its 2025 EBITDA estimate, Scotiabank believes the company is well-positioned to deliver double-digit growth on key metrics in 2025, the analyst tells investors.
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Read More on CIGI:
- Colliers International price target raised to $175 from $160 at Raymond James
- Colliers International initiated with a Neutral at JPMorgan
- Colliers Expands Credit Facility to Fuel Global Growth
- Colliers International price target raised to $172.50 from $167.50 at Scotiabank
- Colliers International initiated with a Neutral at Goldman Sachs