Analysts Are Neutral on Top Real Estate Stocks: Colliers International Group (CIGI), InvenTrust Properties (IVT)
Analysts fell to the sidelines weighing in on Colliers International Group (CIGI) and InvenTrust Properties (IVT) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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Colliers International Group (CIGI)
In a report released yesterday, Anthony Paolone from J.P. Morgan maintained a Hold rating on Colliers International Group, with a price target of $146.00. The company’s shares closed last Thursday at $107.59, close to its 52-week low of $101.01.
According to TipRanks.com, Paolone is a 3-star analyst with an average return of
Colliers International Group has an analyst consensus of Strong Buy, with a price target consensus of $168.90, implying a 61.1% upside from current levels. In a report issued on March 20, TipRanks – xAI also reiterated a Hold rating on the stock with a C$147.00 price target.
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InvenTrust Properties (IVT)
J.P. Morgan analyst Michael Mueller maintained a Hold rating on InvenTrust Properties yesterday and set a price target of $31.00. The company’s shares closed last Thursday at $30.73, close to its 52-week high of $31.65.
According to TipRanks.com, Mueller is a 1-star analyst with an average return of
InvenTrust Properties has an analyst consensus of Strong Buy, with a price target consensus of $33.40.
Read More on CIGI:
Disclaimer & DisclosureReport an Issue
- Colliers Shareholders Back Board Slate, Auditor and Larger Option Pool at March 31 Meeting
- Colliers International price target lowered to $160 from $180 at RBC Capital
- Colliers International files automatic mixed securities shelf
- Colliers International Issues C$550 Million Notes and Amends Credit Facilities to Optimize Capital Structure
- Colliers Raises C$550 Million in Senior Notes to Bolster Balance Sheet
