Urban Edge Properties (UE) Forms $20.88 Double Bottom; Fidessa group plc (LON:FDSA) Covered By 3 Bulls

April 16, 2018 - By John Hoffman

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Urban Edge Properties (UE) formed double bottom with $20.25 target or 3.00% below today’s $20.88 share price. Urban Edge Properties (UE) has $2.64B valuation. The stock increased 0.68% or $0.14 during the last trading session, reaching $20.88. About 348,115 shares traded. Urban Edge Properties (NYSE:UE) has declined 20.36% since April 16, 2017 and is downtrending. It has underperformed by 31.91% the S&P500.

Among 11 analysts covering Fidessa Group PLC (LON:FDSA), 3 have Buy rating, 4 Sell and 4 Hold. Therefore 27% are positive. Fidessa Group PLC had 65 analyst reports since August 3, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Thursday, October 27 by Credit Suisse. The firm has “Buy” rating by UBS given on Monday, November 16. The stock of Fidessa group plc (LON:FDSA) earned “Hold” rating by Panmure Gordon on Monday, November 9. Barclays Capital upgraded Fidessa group plc (LON:FDSA) on Friday, April 13 to “Equal Weight” rating. Numis Securities maintained the shares of FDSA in report on Monday, December 7 with “Buy” rating. The firm has “Buy” rating by Numis Securities given on Monday, February 13. On Monday, February 15 the stock rating was maintained by Investec with “Hold”. The rating was upgraded by Numis Securities on Wednesday, July 6 to “Buy”. The stock of Fidessa group plc (LON:FDSA) has “Buy” rating given on Monday, August 3 by Jefferies. On Monday, August 3 the stock rating was maintained by Numis Securities with “Hold”. See Fidessa group plc (LON:FDSA) latest ratings:

13/04/2018 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 2060.00 New Target: GBX 3650.00 Upgrade
19/02/2018 Broker: Jefferies Rating: Buy Old Target: GBX 2400.00 New Target: GBX 3100.00 Upgrade
19/02/2018 Broker: Numis Securities Rating: Add New Target: GBX 3070.00 Maintain
08/01/2018 Broker: Credit Suisse Rating: Underperform Old Target: GBX 2300.00 New Target: GBX 2350.00 DownGrade
18/12/2017 Broker: Numis Securities Rating: Add Old Target: GBX 2860.00 New Target: GBX 2800.00 Downgrade
30/11/2017 Broker: Stifel Nicolaus Rating: Sell New Target: GBX 2054.00 Initiates Starts

Analysts await Urban Edge Properties (NYSE:UE) to report earnings on May, 2 after the close. They expect $0.32 earnings per share, down 3.03% or $0.01 from last year’s $0.33 per share. UE’s profit will be $40.44M for 16.31 P/E if the $0.32 EPS becomes a reality. After $0.34 actual earnings per share reported by Urban Edge Properties for the previous quarter, Wall Street now forecasts -5.88% negative EPS growth.

Among 3 analysts covering Urban Edge Properties (NYSE:UE), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Urban Edge Properties had 6 analyst reports since September 8, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Credit Suisse on Thursday, August 4. Evercore upgraded Urban Edge Properties (NYSE:UE) on Monday, March 5 to “In-Line” rating. The stock of Urban Edge Properties (NYSE:UE) earned “Equal Weight” rating by CapitalOne on Monday, December 21. The stock of Urban Edge Properties (NYSE:UE) has “Underperform” rating given on Monday, August 14 by Evercore.