Colliers International price target lowered to $155 from $165 at Scotiabank

Scotiabank analyst Himanshu Gupta lowered the firm’s price target on Colliers International (CIGI) to $155 from $165 and keeps an Outperform rating on the shares. The company’s Q1 results were in-line and management reiterated 2025 guidance, the analyst tells investors. The firm lowered its price target on the stock due to lower target EV/EBITDA multiple.