Scotiabank Has Strong Estimate for TSE:CIG FY2024 Earnings

Colliers International Group Inc (TSE:CIG) (NASDAQ:CIGI) – Equities research analysts at Scotiabank boosted their FY2024 earnings estimates for shares of Colliers International Group in a research report issued on Wednesday, January 8th. Scotiabank analyst H. Gupta now anticipates that the company will post earnings of $7.77 per share for the year, up from their previous forecast of $7.57.

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

Colliers International Group Stock Performance

Colliers International Group has a 12-month low of C$1.89 and a 12-month high of C$47.85.

Insider Buying and Selling at Colliers International Group

In other news, Director Benjamin Forester Stein sold 3,695 shares of Colliers International Group stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of C$213.91, for a total transaction of C$790,400.47. Also, Senior Officer Matthew Hawkins sold 9,083 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of C$204.08, for a total value of C$1,853,689.52. Insiders sold a total of 39,259 shares of company stock valued at $8,112,800 in the last ninety days.

About Colliers International Group

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.