City Office REIT – Consensus Indicates Potential 6.5% Upside

Broker Ratings

City Office REIT with ticker code (CIO) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 13 and 8.75 calculating the average target price we see 11.79. Given that the stocks previous close was at 11.07 this indicates there is a potential upside of 6.5%. The day 50 moving average is 10.81 while the 200 day moving average is 9.36. The company has a market cap of $480m. Find out more information at:

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”).

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