Analysts Conflicted on These Financial Names: Zions Bancorp (NASDAQ: ZION) and Colliers International Group (NASDAQ: CIGI)

By Carrie Williams

Analysts have been eager to weigh in on the Financial sector with new ratings on Zions Bancorp (NASDAQ: ZION) and Colliers International Group (NASDAQ: CIGI).

Zions Bancorp (NASDAQ: ZION)

BMO Capital analyst Lana Chan reiterated a Hold rating on Zions Bancorp (NASDAQ: ZION) yesterday and set a price target of $44. The company’s shares closed yesterday at $42.97.

According to TipRanks.com, Chan is a 5-star analyst with an average return of 14.6% and a 82.7% success rate. Chan covers the Financial sector, focusing on stocks such as Westamerica Bancorporation, Huntington Bancshares Inc, and Cathay General Bancorp.

Currently, the analyst consensus on Zions Bancorp is Moderate Buy and the average price target is $47.30, representing a 10.1% upside.

In a report issued on June 19, KBW also reiterated a Hold rating on the stock with a $44 price target.
Colliers International Group (NASDAQ: CIGI)

In a report released yesterday, Stephen Macleod from BMO Capital reiterated a Buy rating on Colliers International Group (NASDAQ: CIGI), with a price target of $60. The company’s shares closed yesterday at $56.85, equals to its 52-week high of $56.85.

Macleod has an average return of 34.0% when recommending Colliers International Group.

According to TipRanks.com, Macleod is ranked #150 out of 4600 analysts.

Currently, the analyst consensus on Colliers International Group is Moderate Buy and the average price target is $59, representing a 3.8% upside.

In a report issued on June 26, RBC Capital also reiterated a Buy rating on the stock with a $58 price target.

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