BMO Capital Reaffirms Their Hold Rating on UDR (UDR)


BMO Capital analyst John Kim maintained a Hold rating on UDR (UDR) yesterday and set a price target of $42. The company’s shares closed yesterday at $44.23, close to its 52-week high of $44.84.

According to TipRanks.com, Kim is a 4-star analyst with an average return of 4.9% and a 59.3% success rate. Kim covers the Financial sector, focusing on stocks such as Apartment Investment & Management, National Health Investors, and Mid-America Apartment.

UDR has an analyst consensus of Moderate Buy, with a price target consensus of $43.67, implying a -1.3% downside from current levels. In a report issued on February 4, Barclays also maintained a Hold rating on the stock with a $44 price target.

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Based on UDR’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $18.61 million. In comparison, last year the company had a net profit of $28.01 million.

Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

UDR, Inc. engages in the multi-family real estate investment trust business. It operates through the Same-Store Communities and Non-Mature Communities/Other segments. The Same-Store Communities segment pertains to properties that are acquired, developed, and stabilized occupancy.

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