UDR (UDR) Receives a Buy from Wells Fargo


Wells Fargo analyst Tammi Fique maintained a Buy rating on UDR (UDR) yesterday. The company’s shares closed last Thursday at $38.33.

According to TipRanks.com, Fique is a 2-star analyst with an average return of 3.1% and a 71.4% success rate. Fique covers the Financial sector, focusing on stocks such as Retail Opportunity Investments, Equity Residential, and Kite Realty Group.

Currently, the analyst consensus on UDR is a Strong Buy with an average price target of $40.50.

See today’s analyst top recommended stocks >>

The company has a one-year high of $51.25 and a one-year low of $29.20. Currently, UDR has an average volume of 2.33M.

Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of UDR in relation to earlier this year.

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. The Same-Store Communities segment pertains to properties that are acquired, developed, and stabilized occupancy. The Non-Mature Communities/Other segment include recently acquired, developed and redeveloped communities and the non-apartment components of mixed use properties. The company was founded in 1972 and is headquartered in Highlands Ranch, CO.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts