City Office REIT, Inc. with ticker code (CIO) have now 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 12 and 8.5 with the average target price sitting at 10.1. With the stocks previous close at 7.66 this would indicate that there is a potential upside of 31.9%. The 50 day MA is 8.97 and the 200 moving average now moves to 10.73. The market capitalisation for the company is $295m. Find out more information at: https://www.cityofficereit.com
The potential market cap would be $389m based on the market concensus.
City Office REIT, Inc. (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).
