The Globe and Mail reports in its Friday, Oct. 24, edition that Stifel analyst Daryl Young has reaffirmed his "buy" recommendation for Colliers International Group. The Globe's David Leeder writes that Mr. Young advanced his share target by $15 to $195 (all figures U.S.). Analysts on average target the shares at $178.57. Mr. Young says in a note: "Colliers reports Q3/25 premarket Nov 3. Despite the continued macro uncertainties, CRE transaction activity appears to be powering through. Our channel checks point to buoyant pipelines for sales and lease brokerage, particularly the office sector which is benefiting from strong RTO demand after a slowing of new supply in recent years. During Q3/25 preliminary U.S. CRE sales transaction volumes increased 17 per cent year-over-year while office and industrial leasing increased 4 to 7 per cent and 13 per cent year-over-year. ... There have been some questions around the recent private credit challenges (Tricolor and First Brands), but we do not anticipate this having a material impact on availability of CRE funding and expect transaction momentum to continue. On the IM side, capital raising appears constructive, albeit still largely concentrated with the mega managers."
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