How Does City Office REIT Inc (CIO) Stock Rank on Wall Street Monday?

Wall Street is positive on City Office REIT Inc (CIO). On average, analysts give the stock a Buy rating. The average price target is $6.5, which means analysts expect the stock to climb by 54.39% over the next twelve months. That average ranking earns the stock an Analyst Rating of 18, which is better than 18% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating CIO a Buy today. Find out what this means to you and get the rest of the rankings on CIO!

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Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With City Office REIT Inc Stock Today?

City Office REIT Inc (CIO) stock is trading at $4.21 as of 12:53 PM on Monday, Oct 2, a decline of -$0.04, or -0.94% from the previous closing price of $4.25. Volume today is 313,933 compared to average volume of 331,529. The stock has traded between $4.16 and $4.28 so far today. Click Here to get the full Stock Report for City Office REIT Inc stock.