City Office REIT, Inc. with ticker code (CIO) now have 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 12 and 8.5 calculating the average target price we see 10.3. Now with the previous closing price of 8.51 this indicates there is a potential upside of 21.0%. There is a 50 day moving average of 9.03 while the 200 day moving average is 10.86. The company has a market capitalisation of $337m. Find out more information at: https://www.cityofficereit.com
The potential market cap would be $408m 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).