Urstadt Biddle Properties Inc. with ticker code (UBA) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 20 and 19 calculating the average target price we see 19.33. Given that the stocks previous close was at 16.75 this would imply there is a potential upside of 15.4%. The 50 day moving average now sits at 18.18 and the 200 moving average now moves to 17.64. The company has a market capitalisation of $640m. You can visit the company’s website by visiting: https://www.ubproperties.com
The potential market cap would be $738m based on the market concensus.
Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust which owns or has equity interests in 81 properties containing approximately 5.2 million square feet of space. Listed on the New York Stock Exchange since 1970, it provides investors with a means of participating in ownership of income-producing properties. It has paid 203 consecutive quarters of uninterrupted dividends to its shareholders since its inception.
