Urban Edge Properties found using ticker (UE) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 25 and 14.25 calculating the mean target price we have 20.25. Given that the stocks previous close was at 17.23 this now indicates there is a potential upside of 17.5%. There is a 50 day moving average of 15.69 and the 200 moving average now moves to 17.79. The market capitalisation for the company is $2,067m. Visit the company website at: https://www.uedge.com
The potential market cap would be $2,429m based on the market concensus.
Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region. Urban Edge owns 78 properties totaling 15.1 million square feet of gross leasable area.