Colliers International Group Inc (CIGI) was Initiated by RBC Capital Mkts to “Outperform” and the brokerage firm has set the Price Target at $52. RBC Capital Mkts advised their investors in a research report released on Jun 15, 2016.
Many Wall Street Analysts have commented on Colliers International Group Inc. RBC Capital Mkts Initiated Colliers International Group Inc on Jun 15, 2016 to “Outperform”, Price Target of the shares are set at $52.
On the company’s financial health, Colliers International Group Inc reported $0.19 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.14. The company had revenue of $376.11 million for the quarter, compared to analysts expectations of $353.08 million. The company’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS.
Investors should note that on May 31, 2016, Colliers International Group Inc announced a cash dividend of $0.0500. The company’s management has announced Jun 28, 2016 as the ex-dividend date and fixed the record date on Jun 30, 2016. The payable date has been fixed on Jul 8, 2016.
Colliers International Group Inc. is engaged in commercial real estate services with more than 16300 professionals operating from 502 offices in 67 countries. Colliers professionals provide a range of services to real estate occupiers owners and investors worldwide. Services include brokerage global corporate solutions investment sales and capital markets project management and workplace solutions property and asset management consulting valuation and appraisal services and customized research and thought leadership.