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City Office REIT - CIO Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $7.00
  • Forecasted Upside: 53.17%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$4.57 As of 04/24/2024 01:00 AM ET
▼ -0.05 (-1.08%)

This chart shows the closing price for CIO by one month, three months, or twelve months.

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Analyst Price Target for CIO

Analyst Price Target is $7.00
▲ +53.17% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for City Office REIT in the last 3 months. The average price target is $7.00, with a high forecast of $7.00 and a low forecast of $7.00. The average price target represents a 53.17% upside from the last price of $4.57.

This chart shows the closing price for CIO for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 1 polled investment analysts is to hold stock in City Office REIT. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/2/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/31/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/1/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/30/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/28/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/26/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/11/2023KeyCorpInitiated CoverageSector Weight ➝ Sector WeightLow
5/30/2023Royal Bank of CanadaLower Target$10.00 ➝ $7.00Low
2/27/2023B. RileyLower TargetBuy$14.00 ➝ $12.00Low
11/8/2022B. RileyLower TargetBuy$18.00 ➝ $14.00Low
10/13/2022Deutsche Bank AktiengesellschaftLower TargetHold$15.00 ➝ $12.00Low
7/20/2022Deutsche Bank AktiengesellschaftLower Target$18.00 ➝ $15.00Low
7/12/2022Royal Bank of CanadaLower TargetSector Perform$18.00 ➝ $15.00N/A
5/9/2022B. RileyLower Target$22.00 ➝ $20.00High
4/14/2022Deutsche Bank AktiengesellschaftLower TargetHold$23.00 ➝ $18.00Medium
11/19/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$19.00High
10/12/2021Deutsche Bank AktiengesellschaftBoost TargetHold$13.00 ➝ $19.00Low
8/23/2021Colliers SecuritiesReiterated RatingBuy$16.00High
8/23/2021B. RileyBoost TargetSell ➝ Buy$18.00 ➝ $22.00High
8/23/2021Royal Bank of CanadaBoost TargetOutperform$16.00 ➝ $19.00High
8/9/2021Royal Bank of CanadaBoost TargetOutperform$14.00 ➝ $16.00Low
6/27/2021Royal Bank of CanadaReiterated RatingBuy$14.00Medium
6/25/2021Deutsche Bank AktiengesellschaftBoost TargetHold$12.00 ➝ $13.00High
6/15/2021B. RileyBoost TargetBuy$13.00 ➝ $15.00Low
5/18/2021Compass PointBoost TargetNeutral$8.75 ➝ $11.00Low
4/19/2021Deutsche Bank AktiengesellschaftBoost TargetHold$10.50 ➝ $12.00Low
11/11/2020B. RileyReiterated RatingBuyHigh
6/10/2020B. RileyBoost Target$12.00 ➝ $13.00Medium
5/22/2020Royal Bank of CanadaLower TargetOutperform$15.00 ➝ $11.00Low
5/12/2020B. RileyBoost TargetBuy$10.00 ➝ $12.00High
3/27/2020B. RileyLower TargetBuy$14.00 ➝ $10.00Low
3/27/2020Raymond JamesDowngradeOutperform ➝ Market PerformLow
3/26/2020Compass PointDowngradeBuy ➝ Neutral$9.00Low
2/28/2020B. RileyLower TargetBuy$14.50 ➝ $14.00High
1/7/2020Raymond JamesUpgradeMarket Perform ➝ Outperform$15.00Medium
9/12/2019JMP SecuritiesBoost TargetMarket Outperform$14.00 ➝ $15.00High
8/2/2019B. RileyBoost TargetBuy$12.50 ➝ $13.50Low
5/6/2019Boenning ScattergoodReiterated RatingBuy$14.50Low
(Data available from 4/25/2019 forward)

News Sentiment Rating

0.16 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/28/2023
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/28/2023
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/27/2023
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
12/27/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/26/2024
  • 3 very positive mentions
  • 13 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/25/2024
  • 5 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2024
  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2024

Current Sentiment

  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

City Office REIT logo
City Office REIT is an internally-managed real estate company focused on acquiring, owning and operating high-quality office properties located predominantly in Sun Belt markets. City Office currently owns or has a controlling interest in 5.7 million square feet of office properties. The Company has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes.
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Today's Range

Now: $4.57
Low: $4.53
High: $4.66

50 Day Range

MA: $4.58
Low: $4.09
High: $5.21

52 Week Range

Now: $4.57
Low: $3.45
High: $6.70

Volume

163,210 shs

Average Volume

267,868 shs

Market Capitalization

$183.50 million

P/E Ratio

N/A

Dividend Yield

8.75%

Beta

1.84

Frequently Asked Questions

What sell-side analysts currently cover shares of City Office REIT?

The following Wall Street research analysts have issued reports on City Office REIT in the last year: KeyCorp, Royal Bank of Canada, and StockNews.com.
View the latest analyst ratings for CIO.

What is the current price target for City Office REIT?

1 Wall Street analysts have set twelve-month price targets for City Office REIT in the last year. Their average twelve-month price target is $7.00, suggesting a possible upside of 53.2%. Royal Bank of Canada has the highest price target set, predicting CIO will reach $7.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of $7.00 for City Office REIT in the next year.
View the latest price targets for CIO.

What is the current consensus analyst rating for City Office REIT?

City Office REIT currently has 1 hold rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CIO, but not buy more shares or sell existing shares.
View the latest ratings for CIO.

What other companies compete with City Office REIT?

Other companies that are similar to City Office REIT include Braemar Hotels & Resorts, Orion Office REIT, AG Mortgage Investment Trust, Alpine Income Property Trust and Franklin Street Properties. Learn More about companies similar to City Office REIT.

How do I contact City Office REIT's investor relations team?

City Office REIT's physical mailing address is 666 BURRARD STREET SUITE 3210, VANCOUVER A1, V6C 2X8. The real estate investment trust's listed phone number is (604) 806-3366 and its investor relations email address is [email protected]. The official website for City Office REIT is www.cityofficereit.com. Learn More about contacing City Office REIT investor relations.