Colliers International Group (TSE:CIG) Rating Lowered to Moderate Buy at Raymond James

Colliers International Group (TSE:CIG) (NASDAQ:CIGI) was downgraded by equities research analysts at Raymond James from a “strong-buy” rating to a “moderate buy” rating in a report released on Thursday, Zacks.com reports.

Colliers International Group Price Performance

Colliers International Group has a fifty-two week low of C$1.89 and a fifty-two week high of C$47.85.

Colliers International Group (TSE:CIG) (NASDAQ:CIGI) last issued its quarterly earnings results on Thursday, May 2nd. The company reported C$0.89 EPS for the quarter, missing the consensus estimate of C$1.16 by C($0.27). The company had revenue of C$1.35 billion for the quarter, compared to the consensus estimate of C$1.34 billion.

Insider Activity at Colliers International Group

In other Colliers International Group news, Director Jane Gavan sold 4,975 shares of the company’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of C$150.43, for a total value of C$748,384.77. In other Colliers International Group news, Senior Officer Rebecca Finley sold 5,000 shares of the company’s stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of C$148.49, for a total value of C$742,465.00. Also, Director Jane Gavan sold 4,975 shares of the company’s stock in a transaction dated Friday, June 14th. The stock was sold at an average price of C$150.43, for a total transaction of C$748,384.77. In the last ninety days, insiders have sold 15,075 shares of company stock worth $2,260,236.

Colliers International Group Company Profile

Colliers International Group Inc is engaged in the provision of commercial real estate services. The Company offers services, including outsourcing and advisory services, lease brokerage and sales brokerage. Its segments include Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and Corporate.