Colliers International Group Inc (NASDAQ:CIGI) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 27, 2016
Zacks Investment Research has downgraded Colliers International Group Inc (NASDAQ:CIGI) to Hold in a statement released on Tuesday September 27, 2016.
On 8/16/2016, Zacks Investment Research released a statement for Colliers International Group Inc (NASDAQ:CIGI) bumped up the target price from $0.00 to $49.00 that suggested an upside of 0.14%.
Boasting a price of $41.11, Colliers International Group Inc (NASDAQ:CIGI) traded -1.54% lower on the day. With the last stock price close up 5.16% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Colliers International Group Inc has recorded a 50-day average of $42.54 and a two hundred day average of $39.04. Volume of trade was down over the average, with 19,608 shares of CIGI changing hands under the typical 33,280
With a total market value of $0, Colliers International Group Inc has price-earnings ratio of 27.48 with a one year low of $30.76 and a one year high of $50.72 .
A total of 6 brokers have issued a report on CIGI. 2 brokerages rating the stock a strong buy, five brokers rating the stock a buy, 2 brokerages rating the stock a hold, 0 analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a 12-month price target of $47.55.
General Company Details For Colliers International Group Inc (NASDAQ:CIGI)
Colliers International Group Inc. is engaged in the provision of commercial real estate services. The Company's primary services are outsourcing and advisory services, lease brokerage and sales brokerage. The Company's segments include Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and Corporate. The Company provides services for sales, leases and mortgages in various areas, such as landlord representation, tenant representation, and capital markets and investment services. The Company's Outsourcing and Advisory Services Division provides corporate and workplace solutions; appraisal and valuation services; facility, property and asset management services; project management services, and research for commercial real estate clients. Its corporate solutions include a range of portfolio management, transaction management, project management, workplace solutions, strategic consulting, property and asset management, as well as other corporate real estate services.
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