RBC Capital analyst Matt Logan maintained a Buy rating on Colliers International Group (NASDAQ:CIGI) on Wednesday, setting a price target of $96, which is approximately 34.25% above the present share price of $71.51.
Logan expects Colliers International Group to post earnings per share (EPS) of -$0.26 for the fourth quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Colliers International Group, with an average price target of $88.75.
The analysts price targets range from a high of $96 to a low of $83.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $550.21 million and a net profit of $18.31 million. The company's market cap is $2.86 billion.
According to TipRanks.com, RBC Capital analyst Matt Logan is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 0.9% and a 48.15% success rate.
Colliers International Group, Inc. engages in the provision of commercial real estate services to corporate and institutional clients. The firm primarily offers outsourcing and advisory services, lease brokerage, and sales brokerage. It operates through the following geographical segments: Americas, EMEA, Asia Pacific, and Corporate. The Corporate segment includes the costs of global administrative functions and corporate head office. The company was founded on July 31, 1988 and is headquartered in Toronto, Canada.