UDR (UDR) Receives a Hold from RBC Capital

RBC Capital analyst Brad Heffern maintained a Hold rating on UDR (UDRResearch Report) on June 22 and set a price target of $49.00. The company’s shares closed last Friday at $46.15.

According to, Heffern is ranked #231 out of 7911 analysts.

UDR has an analyst consensus of Moderate Buy, with a price target consensus of $54.11.

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UDR’s market cap is currently $23.22B and has a P/E ratio of 92.45.

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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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