Colliers International Group (TSE:CIGI) Sets New 12-Month High – Should You Buy?

Colliers International Group Inc. (TSE:CIGI)’s share price reached a new 52-week high on Wednesday . The company traded as high as C$217.64 and last traded at C$217.41, with a volume of 19817 shares traded. The stock had previously closed at C$214.53.

Analysts Set New Price Targets

Separately, Stifel Nicolaus upped their price objective on Colliers International Group from C$160.00 to C$180.00 in a research report on Thursday, October 31st.

Colliers International Group Stock Up 1.5 %

The firm has a market cap of C$10.94 billion, a price-to-earnings ratio of 52.84, a P/E/G ratio of 0.48 and a beta of 1.66. The firm’s 50 day moving average price is C$207.12 and its two-hundred day moving average price is C$183.12. The company has a debt-to-equity ratio of 85.02, a current ratio of 1.03 and a quick ratio of 0.58.

Colliers International Group Company Profile

Colliers International Group Inc provides commercial real estate professional and investment management services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers outsourcing and advisory services, such as engineering and project management, property management, valuation, and other services, as well as loan servicing for commercial real estate clients.