UDR (UDR) Receives a Hold from Barclays


Barclays analyst Ross L Smotrich maintained a Hold rating on UDR (UDR) yesterday and set a price target of $47. The company’s shares closed yesterday at $44.85, close to its 52-week high of $45.92.

According to TipRanks.com, Smotrich is a 5-star analyst with an average return of 6.2% and a 63.5% 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.

UDR has an analyst consensus of Moderate Sell, with a price target consensus of $45, implying a 0.3% upside from current levels. In a report issued on May 1, 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 $45.92 and a one-year low of $34.48. Currently, UDR has an average volume of 1.3M.

Based on the recent corporate insider activity of 39 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. 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.

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