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 16 calculating the average target price we see 20.6. Now with the previous closing price of 14.27 this is indicating there is a potential upside of 44.4%. The day 50 moving average is 16.77 and the 200 day moving average is 18.07. The market cap for the company is $1,780m. You can visit the company’s website by visiting: https://www.uedge.com
The potential market cap would be $2,570m 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.