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Colliers Poised for Stronger Growth as Leasing, Engineering Businesses Expand, RBC Says

Colliers Poised for Stronger Growth as Leasing, Engineering Businesses Expand, RBC Says

MT newswireMT newswire2026/11/05 16:24
12:24 PM EST, 11/05/2026 (MT Newswires) -- Colliers International Group (CIGI) remains on track to return to mid-teens growth as its leasing and engineering businesses continue to expand and past acquisitions add to results, RBC Capital Markets said Thursday in a report. On Wednesday, Colliers, which offers commercial real estate services, engineering consulting and investment management, reported Q3 adjusted earnings of $1.97 per diluted share, up from $1.64 a year earlier. Analysts surveyed by FactSet expected $1.95. Revenue trailed Wall Street estimates. Weaker growth in Colliers' capital markets business in Q3 and "largely flat" investment management revenue appear to reflect timing issues rather than longer-term challenges, RBC said. Geopolitical uncertainty weighed on transaction activity late in the quarter, while delays in deploying capital pressured investment management results, the report said. RBC lowered its price target on Colliers stock to $140 from $155 and maintained its outperform rating. Price: 96.25, Change: -2.25, Percent Change: -2.28
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