City Office REIT, Inc. found using ticker (CIO) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 14 and 8.5 with a mean TP of 11.3. Now with the previous closing price of 9.57 this would imply there is a potential upside of 18.1%. There is a 50 day moving average of 9.14 and the 200 day moving average is 11.2. The company has a market capitalisation of $377m. Visit the company website at: https://www.cityofficereit.com
The potential market cap would be $445m based on the market concensus.
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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).
