City Office REIT with ticker code (CIO) have now 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 20 and 14 calculating the mean target price we have 17.5. Given that the stocks previous close was at 12.66 this would imply there is a potential upside of 38.2%. The 50 day moving average now sits at 13.75 while the 200 day moving average is 16.95. The company has a market cap of $554m. Find out more information at: https://www.cityofficereit.com
The potential market cap would be $766m 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).
