United Dominion Realty Trust (UDR) : Analyst Rating Update

United Dominion Realty Trust (UDR) has an average broker rating of 3, which is interpreted as a Hold, as rated by 13 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 9 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

United Dominion Realty Trust (UDR) : Average target price received by United Dominion Realty Trust (UDR) is $38.19 with an expected standard deviation of $1.55. The most aggressive target on the stock is $41, whereas the most downbeat target is $36. 13 financial analysts are currently covering the stock.

United Dominion Realty Trust (NYSE:UDR): The stock opened at $37.29 on Wednesday but the bulls could not build on the opening and the stock topped out at $37.41 for the day. The stock traded down to $37.10 during the day, due to lack of any buying support eventually closed down at $37.27 with a loss of -0.45% for the day. The stock had closed at $37.44 on the previous day. The total traded volume was 1,556,373 shares.

Also, Equity Analysts at the Brokerage Firm, KeyBanc, downgrades their rating on the shares of United Dominion Realty Trust (NYSE:UDR). KeyBanc has a Sector Weight rating on the shares. Previously, the analysts had a Overweight rating on the shares. The rating by the firm was issued on May 26, 2016. The company shares have rallied 13.11% from its 1 Year high price. On Apr 4, 2016, the shares registered one year high at $38.61 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $35.20 and the 200 Day Moving Average price is recorded at $35.90.

UDR, Inc. is a self-administered real estate investment trust (REIT). The Company owns, operates, acquires, renovates, develops, redevelops and manages multifamily apartment communities located in high barrier-to-entry markets throughout the United States. The Company operates through two segments: Same-Store Communities and Non-Mature Communities/Other. The Companys Same-Store Communities segment includes the communities that were acquired, developed and stabilized prior to January 1, 2013, and held as of December 31, 2014. The Companys Non-Mature Communities/Other segment represents the acquired, developed and redeveloped communities, and the non-apartment components of mixed use properties, which do not meet the criteria to be included in the Same-Store Communities segment. As of December 31, 2014, the Companys consolidated real estate portfolio included 139 communities located in 20 markets, with a total of 39,851 completed apartment homes.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.