In a report released yesterday, Ross L Smotrich from Barclays maintained a Hold rating on UDR (UDR), with a price target of $45. The company’s shares closed yesterday at $45.07, close to its 52-week high of $45.78.
According to TipRanks.com, Smotrich is a 5-star analyst with an average return of 6.3% and a 64.9% success rate. Smotrich covers the Financial sector, focusing on stocks such as Essential Properties Realty Trust Inc, Pennsylvania Real Estate Investment, and Apartment Investment & Management.
The word on The Street in general, suggests a Hold analyst consensus rating for UDR with a $44 average price target, implying a -2.4% downside from current levels. In a report released yesterday, BMO Capital also maintained a Hold rating on the stock with a $49 price target.
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The company has a one-year high of $45.78 and a one-year low of $34.14. Currently, UDR has an average volume of 1.58M.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock.
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UDR, Inc. is a real estate investment trust, which owns, operates, acquires, renovates, develops, redevelops, disposes of, and manages multifamily apartment communities. It engages in the multi-family real estate investment trust business. It operates through the Same-Store Communities and Non-Mature Communities/Other segments.
