Key Takeaways:
- Colliers International Group Inc. (CIGI, Financial) is currently trading below its fair value, offering a potential opportunity for investors.
- Analyst forecasts suggest a promising upside with average price targets significantly higher than current trading prices.
- Consensus ratings indicate strong performance expectations with an "Outperform" status.
Colliers International Group Inc. (CIGI), a prominent player in the global commercial real estate services market, is currently trading at CA$174.15. This marks it approximately 17.5% below its calculated fair value of CA$211.01. This undervaluation signals potential appreciation, bolstered by substantial annual net income growth and a solid revenue forecast.
Wall Street Analysts Forecast
According to insights from six seasoned analysts, Colliers International Group Inc. (CIGI, Financial) has an average one-year price target of $164.00. The forecasts range from a high of $175.00 to a low of $133.00, translating to an impressive 44.39% upside from its current price of $113.58. For a more comprehensive outlook, visit the Colliers International Group Inc (CIGI) Forecast page.
The consensus from 10 brokerage firms currently assigns Colliers International Group Inc. (CIGI, Financial) an average recommendation of 2.2, categorizing it as an "Outperform." This rating operates on a scale where 1 denotes a "Strong Buy" and 5 indicates "Sell," highlighting the positive sentiment surrounding the stock.
GuruFocus Valuation Insights
Using GuruFocus estimates, the projected GF Value for Colliers International Group Inc. (CIGI, Financial) in one year stands at $124.04, suggesting a 9.21% upside from the present price of $113.58. The GF Value represents GuruFocus' calculated fair price based on historical trading multiples, prior growth metrics, and future business performance estimates. For further detailed data, please refer to the Colliers International Group Inc (CIGI) Summary page.
