Colliers Partners with Google Cloud to Drive Technology Transformation
Written by Emily J. Thompson, Senior Investment Analyst
Source: Globenewswire
Updated: 1 hour ago
0mins
Source: Globenewswire
- Technology Transformation Strategy: Colliers announced a partnership with Google Cloud as a cornerstone of its multi-year technology transformation strategy, aiming to leverage advanced analytics and AI for new product development, thereby enhancing operational efficiency and client service.
- Accelerated Product Development: With Google Cloud's expertise in product development and AI, Colliers will be able to rapidly deliver future-ready tools to the market, significantly reducing time-to-market and enhancing competitive positioning.
- Enhanced Service Excellence: By providing actionable insights, predictive models, and market intelligence, Colliers' professionals will be better equipped to anticipate market trends, boosting client confidence and seizing opportunities to improve overall service quality.
- Optimized Workplace Experience: The new collaboration will simplify workflows through secure collaborative tools and automation, allowing teams to focus on strategy and client relationships, thus driving continuous innovation in business operations.
CIGI.O$0.0000%Past 6 months

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Analyst Views on CIGI
Wall Street analysts forecast CIGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CIGI is 177.14 USD with a low forecast of 135.86 USD and a high forecast of 195.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast CIGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CIGI is 177.14 USD with a low forecast of 135.86 USD and a high forecast of 195.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 141.060

Current: 141.060

Outperform
maintain
$180
Reason
Raymond James added Colliers International to the firm's Analysts Current Favorites list in conjunction with a quarterly preview for 15 stocks in the analyst's industrial coverage universe. With Colliers' capital markets and fundraising activities on the upswing and demand for its engineering services buoyant, the firm sees potential for an upside surprise and thinks "there are good reasons to expect Street estimates to head higher," says the analyst, who keeps an Outperform rating and $180 price target on the shares.
Outperformer
maintain
$175 -> $179
Reason
In a Q3 real estate services preview, CIBC raised the firm's price target on Colliers International to $179 from $175 and keeps an Outperformer rating on the shares. The firm said that Q3 was a "robust quarter" for real estate services, noting that the group delivered an "average return of 14%." The firm added that Colliers' premium reflects an "improved outlook and a greater proportion of recurring revenue."
Outperform
maintain
$170 -> $185
Reason
Scotiabank raised the firm's price target on Colliers International to $185 from $170 and keeps an Outperform rating on the shares. The firm believes lower long bond yield and modest GDP growth is the ideal setup for outperformance at Colliers, the analyst tells investors.
Neutral
maintain
$137 -> $181
Reason
JPMorgan raised the firm's price target on Colliers International to $181 from $137 and keeps a Neutral rating on the shares. The firm increased targets in the commercial real estate services group to reflect the Q2 sales beats and improved margin outlooks going forward. JPMorgan rolled forward the targets to December 2026 from December 2025.
About CIGI
Colliers International Group Inc. is a global diversified professional services and investment management company. The Company's platforms include commercial real estate services, engineering consultancy and investment management. Its service lines are outsourcing, engineering, investment management, leasing and capital markets. Its services for landlords and investors include landlord representation, project management, capital market, valuation and advisory, real estate management, engineering and design services, and others. Its services for occupiers and tenants include occupier services, tenant representation, project management, technology services and others. It offers services to various properties-including hospitality, industrial, land, multifamily, office, retail, healthcare and special purpose. Harrison Street Asset Management (Harrison Street) offers solutions across a variety of closed-end, open-end and specialized vehicles.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.