Scotiabank raised the firm’s price target on Colliers International (CIGI) to $167.50 from $155 and keeps an Outperform rating on the shares. The firm is mixed on the company’s Q3 results, the analyst tells investors. Scotiabank maintains its rating on the stock, believing the slower fundraising in 2H of 2024 is temporary and growth drivers of the business are still intact.
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Read More on CIGI:
- Colliers International price target lowered to $170 from $174 at RBC Capital
- Colliers International Reports Strong Q3 Growth
- Colliers International upgraded to Outperform from Sector Perform at National Bank
- Colliers International Reports Strong Growth in Q3 2024
- Colliers International reports Q3 adjusted EPS $1.32, consensus $2.05