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 potential capital gains of 48.66 percent. The minimum price target given was 75.32, which equates to a potential downside of 38.2 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.06 percent. The average change in earnings estimates over the last 90 days 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.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.
Analysts estimate earnings of CIGI to grow at a rate of 1.29 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. 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. Today's price is 59.36 percent above the 52-week low, and 10.29 percent below the high. CIGI has a price/earnings 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 stock has a market capitalization of $2.15 billion. CIGI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.