Zacks Investment Research upgraded Urban Edge Properties (NYSE:UE) to Hold in a statement released earlier today.
- Updated: September 28, 2016
Zacks Investment Research has upgraded Urban Edge Properties (NYSE:UE) to Hold in a report released on 09/29/2016.
Yesterday Urban Edge Properties (NYSE:UE) traded -0.77% lower at $28.56. Urban Edge Properties’s 50-day moving average is $28.51 and its 200-day moving average is $27.63. The last stock price is up 2.58% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 6,671 shares of the stock were exchanged, down from an average trading volume of 549,394
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Urban Edge Properties has a 52 week low of $21.16 and a 52 week high of $30.29 with a P/E ratio of 33.54 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 3 brokers have issued a report on the company. The average stock price target is $26.00 with 0 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Urban Edge Properties (NYSE:UE)
Urban Edge Properties is a real estate investment trust focused on managing, developing, redeveloping and acquiring retail real estate in urban communities, in the New York metropolitan region. The Company owns approximately 80 shopping centers, over three malls and a warehouse park adjacent to one of its centers. The Company's portfolio totals approximately 14.8 million square feet. It has approximately 1,100 leases. It leases approximately 20 properties under ground and/or building leases. The Company's shopping centers and malls include Signal Hill, Vallejo, Walnut Creek, Newington, Waterbury, Baltimore, Glen Burnie, Rockville, Wheaton, Cambridge, Chicopee, Milford, Springfield, Salem, Bergen Town Center, Carlstadt, Cherry Hill, Dover, East Brunswick, Eatontown, Englewood, Hackensack, Hazlet, Lawnside, Montclair, Totowa, Watchung, Bronx, Buffalo, Huntington, Rochester, Allentown, Broomall, Springfield, Charleston, Norfolk, Las Catalinas and Montehiedra.
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