SL Green Realty Corp – Consensus Indicates Potential 27.9% Upside

Broker Ratings
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SL Green Realty Corp with ticker code (SLG) now have 18 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 108.15 and 65 with the average target price sitting at 81.63. Given that the stocks previous close was at 63.83 this now indicates there is a potential upside of 27.9%. There is a 50 day moving average of 75.53 and the 200 moving average now moves to 75.51. The company has a market cap of $4,177m. Company Website: https://www.slgreen.com

The potential market cap would be $5,341m based on the market concensus.

SL Green Realty Corp., an S&P 500 company and Manhattan’s largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of December 31, 2020, SL Green held interests in 88 buildings totaling 38.2 million square feet. This included ownership interests in 28.6 million square feet of Manhattan buildings and 8.7 million square feet securing debt and preferred equity investments.

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