Goldman Sachs Resumes UDR, Inc. (UDR) at Neutral, Valuation Not Compelling

September 18, 2012 8:03 AM EDT
Get Alerts UDR Hot Sheet
Price: $37.94 --0%

Rating Summary:
    14 Buy, 17 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs resumes coverage on UDR, Inc. (NYSE: UDR) with a Neutral rating and $26 price target.

"We believe UDR provides relative value versus much of the apartment sector, but we think its valuation to earnings growth profile is less compelling relative to other REIT sectors," the analyst said.

For an analyst ratings summary and ratings history on UDR, Inc. click here. For more ratings news on UDR, Inc. click here.

Shares of UDR, Inc. closed at $26.40 yesterday.


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