UDR ( NYSE:UDR – Get Free Report ) had its price objective lowered by Wells Fargo & Company from $48.00 to $45.00 in a research note issued to investors on Friday, Benzinga reports.
The firm presently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company ‘s price objective would suggest a potential upside of 10.76% from the stock’s previous close.
UDR has been the subject of several other research reports. StockNews.com lowered shares of UDR from a “hold” rating to a “sell” rating in a research note on Thursday, January 2nd.
Jefferies Financial Group lowered shares of UDR from a “buy” rating to a “hold” rating and dropped their price objective for the company from $50.00 to $45.00 in a research note on Thursday, January 2nd.
Barclays decreased their target price on shares of UDR from $50.00 to $48.00 and set an “overweight” rating for the company in a research report on Friday.
Mizuho dropped their price target on shares of UDR from $47.00 to $45.00 and set a “neutral” rating on the stock in a research report on Monday, January 6th.
Finally, Royal Bank of Canada dropped their price objective on UDR from $46.00 to $45.00 and set a “sector perform” rating on the stock in a research note on Tuesday, November 5th.
Two research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $46.06.
Get Our Latest Research Report on UDR UDR Stock Performance Hedge Funds Weigh In On UDR Several institutional investors and hedge funds have recently bought and sold shares of the company. Activest Wealth Management bought a new stake in shares of UDR in the third quarter valued at $27,000. Brooklyn Investment Group purchased a new stake in UDR in the 3rd quarter worth about $33,000.
Continuum Advisory LLC raised its stake in UDR by 5,335.3% in the 3rd quarter. Continuum Advisory LLC now owns 924 shares of the real estate investment trust’s stock valued at $41,000 after acquiring an additional 907 shares during the period.
Mather Group LLC. lifted its holdings in UDR by 58.2% during the third quarter.
Mather Group LLC. now owns 998 shares of the real estate investment trust’s stock valued at $45,000 after purchasing an additional 367 shares during the last quarter. Finally, Point72 Asia Singapore Pte.
Ltd. bought a new position in UDR during the second quarter worth about $54,000. 97.
84% of the stock is owned by institutional investors. UDR Company Profile ( Get Free Report ) UDR, Inc (NYSE: UDR), an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate communities in targeted U.S.
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Wells Fargo & Company Lowers UDR (NYSE:UDR) Price Target to $45.00
UDR (NYSE:UDR – Get Free Report) had its price objective lowered by Wells Fargo & Company from $48.00 to $45.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price objective would suggest a potential upside [...]