United Dominion Realty Trust (NYSE:UDR) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 3.07 by 14 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 9 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.
Other Equity analysts have also commented on the company shares. KeyBanc downgrades their rating on the shares of United Dominion Realty Trust (NYSE:UDR). The current rating of the shares is Sector Weight. Earlier, the shares were rated a Overweight by the brokerage firm. The rating by the firm was issued on May 26, 2016.
United Dominion Realty Trust (NYSE:UDR): According to 13 Analysts, The short term target price has been estimated at $ 38.19.The target price could deviate by a maximum of $1.55 from the forecast price. In the near term, the target price could hit a high of $41 and a low of $ 36.
United Dominion Realty Trust (NYSE:UDR) rose 0.89% or 0.31 points on Tuesday and made its way into the gainers of the day. After trading began at $34.94 the stock was seen hitting $35.25 as a peak level and $34.88 as the lowest level. The stock ended up at $35.19. The daily volume was measured at 1,221,573 shares. The 52-week high of the share price is $38.61 and the 52-week low is $30.03. The company has a market cap of $9,401 million.
Shares of UDR, Inc. appreciated by 3.29% during the last five trading days but lost 0.93% on a 4-week basis. UDR, Inc. has dropped 5.35% during the last 3-month period . Year-to-Date the stock performance stands at -4.89%.
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.