Urstadt Biddle Properties Inc. with ticker code (UBA) have now 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 22 and 20 with the average target price sitting at 20.67. Now with the previous closing price of 16.64 this now indicates there is a potential upside of 24.2%. The 50 day MA is 17.31 and the 200 moving average now moves to 18.47. The company has a market capitalisation of $654m. Visit the company website at:https://www.ubproperties.com
The potential market cap would be $813m 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.