Barclays analyst Ross L Smotrich maintained a Hold rating on UDR (UDR – Research Report) 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.
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.
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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.