Goldman Sachs Maintains Buy Rating for Colliers Intl Gr: Here's What You Need To Know

Goldman Sachs has decided to maintain its Buy rating of Colliers Intl Gr CIGI and lower its price target from $142.00 to $128.00.

Shares of Colliers Intl Gr are trading down 5.2% over the last 24 hours, at $97.20 per share.

A move to $128.00 would account for a 31.69% increase from the current share price.

About Colliers Intl Gr

Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national, and international basis, Infrastructure consulting, Design and Build, and Market research.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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