Urban Edge Properties with ticker code (UE) have now 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 25 and 17.5 with the average target price sitting at 21.7. Given that the stocks previous close was at 19.76 this would imply there is a potential upside of 9.8%. The 50 day moving average now sits at 18.49 and the 200 moving average now moves to 18.66. The company has a market capitalisation of $2,282m. Find out more information at: https://www.uedge.com
The potential market cap would be $2,506m 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.
