In a report released on December 14, Brad Heffern from RBC Capital maintained a Hold rating on UDR (UDR – Research Report), with a price target of $37.00. The company’s shares closed yesterday at $37.64.
According to TipRanks, Heffern is ranked #585 out of 8549 analysts.
In addition to RBC Capital, UDR also received a Hold from Mizuho Securities’s Haendel St. Juste in a report issued on December 11. However, yesterday, Piper Sandler assigned a Sell rating to UDR (NYSE: UDR).
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UDR market cap is currently $12.61B and has a P/E ratio of 28.10.
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UDR (UDR) Company Description:
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.
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