Stifel Nicolaus Issues a Hold Rating on UDR

By Jason Carr

In a report released yesterday, John Guinee from Stifel Nicolaus assigned a Hold rating to UDR (NYSE: UDR), with a price target of $41. The company’s shares closed yesterday at $38.82.

According to, Guinee is a 4-star analyst with an average return of 5.6% and a 60.0% success rate. Guinee covers the Financial sector, focusing on stocks such as First Industrial Realty Trust, Franklin Street Properties, and Washington Real Estate ate.

Currently, the analyst consensus on UDR is Hold and the average price target is $43.17, representing an 11.2% upside.

In a report issued on August 16, Morgan Stanley also upgraded the stock to Hold with a $63 price target.

UDR’s market cap is currently $10.39B and has a P/E ratio of 110.91. The company has a book value ratio of 3.6493.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock.

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UDR, Inc. 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.