Short Term Rating on United Dominion Realty Trust (UDR)

United Dominion Realty Trust (UDR) : 13 analysts are covering United Dominion Realty Trust (UDR) and their average rating on the stock is 3, which is read as a Hold. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 9 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

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.

Company shares have received an average consensus rating of Hold for the current week


United Dominion Realty Trust (NYSE:UDR): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $37.14 and $36.68 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $37.43. The buying momentum continued till the end and the stock did not give up its gains. It closed at $37.41, notching a gain of 0.65% for the day. The total traded volume was 1,702,560 . The stock had closed at $37.17 on the previous day.

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.

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