City Office REIT found using ticker (CIO) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 20 and 14 and has a mean target at 16.5. With the stocks previous close at 13.38 this would imply there is a potential upside of 23.3%. The 50 day moving average now sits at 12.97 while the 200 day moving average is 16.51. The company has a market cap of $595m. Find out more information at: https://www.cityofficereit.com
The potential market cap would be $734m based on the market concensus.
City Office REIT (NYSE: CIO) invests in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the Southern and Western United States. At September 30, 2020, CIO owned office complexes comprising 5.8 million square feet of net rentable area (NRA).
