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 17.5. With the stocks previous close at 13.49 this would indicate that there is a potential upside of 29.7%. The day 50 moving average is 15.52 while the 200 day moving average is 17.2. The market cap for the company is $602m. You can visit the company’s website by visiting: https://www.cityofficereit.com
The potential market cap would be $781m 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).
