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 with a mean TP of 21.7. Given that the stocks previous close was at 17.88 this would imply there is a potential upside of 21.4%. The 50 day moving average now sits at 18.44 and the 200 day MA is 18.7. The market capitalisation for the company is $2,154m. Find out more information at: https://www.uedge.com
The potential market cap would be $2,614m 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.
