SL Green Realty Corp – Consensus Indicates Potential 8.2% Upside

Broker Ratings
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SL Green Realty Corp found using ticker (SLG) now have 17 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 108.15 and 65 with a mean TP of 82. Now with the previous closing price of 75.76 this would indicate that there is a potential upside of 8.2%. The 50 day moving average now sits at 76.03 and the 200 day moving average is 76.67. The market capitalisation for the company is $4,866m. Company Website: https://www.slgreen.com

The potential market cap would be $5,267m 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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