Urban Edge Properties with ticker code (UE) have now 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 25 and 17.5 calculating the mean target price we have 21.7. Now with the previous closing price of 18.06 this is indicating there is a potential upside of 20.2%. The 50 day moving average now sits at 18.41 and the 200 day MA is 18.64. The company has a market cap of $2,256m. You can visit the company’s website by visiting: https://www.uedge.com
The potential market cap would be $2,711m 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.