Scotiabank Has Positive Estimate for TSE:CIG FY2024 Earnings

Colliers International Group Inc (TSE:CIG) (NASDAQ:CIGI) – Research analysts at Scotiabank increased their FY2024 earnings per share (EPS) estimates for shares of Colliers International Group in a research note issued to investors on Wednesday, January 8th. Scotiabank analyst H. Gupta now expects that the company will post earnings per share of $7.77 for the year, up from their prior forecast of $7.57.

CIG has been the topic of several other research reports. The Goldman Sachs Group upgraded shares of Colliers International Group to a “hold” rating in a research report on Friday, December 6th. National Bank Financial raised shares of Colliers International Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 5th.

Colliers International Group Price Performance

Colliers International Group has a one year low of C$1.89 and a one year high of C$47.85.

Insider Activity

In other news, Director Lewis Frederick Sutherland sold 6,481 shares of the firm’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of C$198.19, for a total value of C$1,284,472.24. Also, Director Benjamin Forester Stein sold 3,695 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of C$213.91, for a total value of C$790,400.47. In the last quarter, insiders have sold 39,259 shares of company stock valued at $8,112,800.

Colliers International Group Company Profile

Colliers International Group Inc is engaged in the provision of commercial real estate services. The Company offers services, including outsourcing and advisory services, lease brokerage and sales brokerage. Its segments include Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and Corporate.