Colliers International Group (CIGI) is offering investors a good opportunity to step into a mid-teen earnings grower at a very "reasonable" price, RBC Capital Markets said in a Tuesday note.

"Friday's price action seems disproportionate to the modest earnings miss, especially when 2026 guide calls for +15% earnings growth following +14% in 2025," the report said.

On worries over AI disrupting its brokerage business, the note pointed to Colliers' view that AI is likely an enabler, not

a disruptor to its business.

"At the end of day, it is hard to prove or disprove the extent of disruption or to whom the net benefit accrues, though AI will likely change how services are provided," the report said.

RBC lowered its price target to $180 from $190 while reiterating its outperform rating on the stock.

Price: 109.34, Change: -4.06, Percent Change: -3.58