CIO trades 114.6% below Wall Street's consensus target of $15.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes CIO achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 8 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 20, 2026, City Office REIT, Inc. (CIO) has a Wall Street consensus price target of $15.00, based on estimates from 8 covering analysts. With the stock currently trading at $6.99, this represents a potential upside of +114.6%. The company has a market capitalization of $282M.
Analyst price targets range from a low of $15.00 to a high of $15.00, representing a 0% spread in expectations. The median target of $15.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 3 analysts rating the stock as a Buy or Strong Buy,5 rating it Hold, and 0 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, CIO trades at a trailing P/E of -11.1x. Analysts expect EPS to grow +85.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $15.91, with bear and bull scenarios of $10.02 and $20.96 respectively. Model confidence stands at 50/100, reflecting moderate uncertainty in projections.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
PDMPiedmont Office Realty Trust, Inc. | $1.1B | $8.94 | $11.00 | +23.0% | Hold | — | 11 |
DEAEasterly Government Properties, Inc. | $1.1B | $23.16 | $16.41 | -29.1% | Hold | 128.7x | 8 |
PGREParamount Group, Inc. | $1.5B | $6.60 | $8.47 | +28.3% | Hold | — | 13 |
HIWHighwoods Properties, Inc. | $3.2B | $29.28 | $27.33 | -6.7% | Hold | 27.3x | 22 |
JBGSJBG SMITH Properties | $836M | $14.16 | $18.33 | +29.4% | Hold | — | 6 |
BXPBXP, Inc. | $10.3B | $64.70 | $65.50 | +1.2% | Buy | 32.3x | 42 |
KRCKilroy Realty Corporation | $4.4B | $36.81 | $37.38 | +1.5% | Hold | 136.4x | 28 |
VNOVornado Realty Trust | $7.1B | $37.81 | $37.17 | -1.7% | Hold | 3601.0x | 29 |
SLGSL Green Realty Corp. | $3.7B | $50.56 | $48.91 | -3.3% | Hold | — | 31 |
CBRECBRE Group, Inc. | $38.6B | $131.55 | $180.50 | +37.2% | Buy | 17.0x | 20 |
Quick answers to the most common questions about buying CIO stock.
The consensus Wall Street price target for CIO is $15, representing 114.6% upside from the current price of $6.99. With 8 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
CIO has a consensus rating of "Hold" based on 8 Wall Street analysts. The rating breakdown is mixed, with 5 Hold ratings making up the largest segment. The consensus 12-month price target of $15 implies 114.6% upside from current levels.
CIO's current price is $6.99 with a consensus target of $15 (114.6% implied move). Analyst estimates suggest the stock is undervalued at current levels.
The most bullish Wall Street analyst has a price target of $15 for CIO, while the most conservative target is $15. The consensus of $15 represents the median expectation. Our quantitative valuation model projects a bull case target of $21 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
CIO is moderately covered, with 8 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 3 have Buy ratings, 5 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month CIO stock forecast based on 8 Wall Street analysts shows a consensus price target of $15, with estimates ranging from $15 (bear case) to $15 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $16, with bear/bull scenarios of $10/$21.
Our quantitative valuation model calculates CIO's fair value at $16 (base case), with a bear case of $10 and bull case of $21. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 50/100.
Wall Street analysts are very optimistic on CIO, with a "Hold" consensus rating and $15 price target (114.6% upside). 3 of 8 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
CIO analyst price targets range from $15 to $15, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $15 consensus represents the middle ground. Our model's $10-$21 range provides an independent fundamental perspective.
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