CapitalOne Begins Coverage on Urban Edge Properties (NYSE:UE). What’s Next?


How CapitalOne Currently Rates Urban Edge Properties (NYSE:UE)

Equity research analysts at CapitalOne began issuing coverage on Urban Edge Properties (NYSE:UE) with “Equal Weight” rating. This was published in an analyst research report on Monday, 21 December.

Approximately 222,859 shares of stock traded hands. Urban Edge Properties (NYSE:UE) has risen 2.75% since May 18, 2015 and is uptrending. It has outperformed by 8.56% the S&P500.

Urban Edge Properties is a real estate investment trust that owns, operates and develops retail properties in barrier-to-entry markets. The company has a market cap of $2.26 billion. The Company’s portfolio comprised of 79 shopping centers, three malls and a warehouse park totaling approximately 14.8 million square feet. It has 61.74 P/E ratio. The Company’s assets are concentrated in the Washington, DC to Boston corridor and it has a presence in Puerto Rico and California.

According to Zacks Investment Research, “Urban Edge Properties is a real estate investment trust that acquires, develops, owns, manages and improves shopping centers in and on the edge of urban communities. It operates within the United States. Urban Edge Properties is based in United States.”