Colliers International price target raised to $172.50 from $167.50 at Scotiabank

Scotiabank raised the firm’s price target on Colliers International (CIGI) to $172.50 from $167.50 and keeps an Outperform rating on the shares. The firm sees continued momentum on the company’s real estate transaction activity and re-rating of investment management. Colliers is the consensus favorite in the group with tangible catalysts and growth drivers ahead, the analyst tells investors in a research note.