Analyst Ratings for Colliers International Group Inc. (CIGI)Updated: 2017-07-27
An average rating of Overweight has been given to Colliers International Group Inc. (NASDAQ:CIGI) by analysts covering the stock. Last month, CIGI received an average rating of Buy.
A buy rating was issued by 5 analysts, 1 gave an overweight rating, 2 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for CIGI. The most optimistic analyst gave a price target of 81.02, implying a possible profit of 48.66 percent. The minimum price target given was 75.32, implying potential capital losses of 38.2 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates downwards for this quarter, by about -1.06 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -5.19 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.79 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -10.89 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 1 analysts that revised their FY estimates downwards.
Analysts estimate earnings of CIGI to grow at a rate of 1.29 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. CIGI has a PEG ratio of 21.85.
In the last 52-weeks, CIGI has achieved a high of 60.75 and a low of 34.20. Currently the stock is 59.36 percent higher than its low, and below the high by 10.29 percent. CIGI has a P/E ratio of 28.19. Investors typically compare the P/E ratio to a company's peers in the industry. The CIGI value stock report compares CIGI to some of its peers using value stock charts. The market cap of CIGI is $2.15 billion. CIGI will post this quarters earnings in days, on 0000-00-00.