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SL Green Realty (SLG) Stock Forecast & Price Target

$51.56
-1.38 (-2.61%)
(As of 05/22/2024 ET)

SL Green Realty - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce
Based on 13 Analyst Ratings

Consensus Price Target

$47.00
-8.84% Downside
High Forecast$70.00
Average Forecast$47.00
Low Forecast$27.00
TypeCurrent Forecast
5/24/23 to 5/23/24
1 Month Ago
4/24/23 to 4/23/24
3 Months Ago
2/23/23 to 2/23/24
1 Year Ago
5/24/22 to 5/24/23
Consensus Rating
Reduce
Reduce
Reduce
Reduce
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
7 Hold rating(s)
9 Hold rating(s)
Sell
5 Sell rating(s)
4 Sell rating(s)
4 Sell rating(s)
4 Sell rating(s)
Consensus Price Target$47.00$47.25$38.31$36.19
Forecasted Upside-8.84% Downside2.85% Upside2.60% Upside16.22% Upside
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SLG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SLG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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SL Green Realty Stock vs. The Competition

TypeSL Green RealtyFinance CompaniesS&P 500
Consensus Rating Score
1.85
2.43
2.49
Consensus RatingReduceHoldHold
Predicted Upside-8.84% Downside58.82% Upside8.72% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/25/2024JPMorgan Chase & Co.
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 Boost TargetUnderweight ➝ Underweight$43.00 ➝ $44.00-12.25%
4/22/2024Evercore ISI
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 Boost TargetUnderperform ➝ Underperform$46.00 ➝ $47.00-4.55%
4/18/2024BMO Capital Markets
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 UpgradeMarket Perform ➝ Outperform$56.00 ➝ $58.00+16.77%
4/2/2024Scotiabank
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 Boost TargetSector Underperform ➝ Sector Underperform$40.00 ➝ $43.00-16.60%
3/28/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$41.00 ➝ $47.00-14.95%
3/27/2024Barclays
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 UpgradeUnderweight ➝ Equal Weight$35.00 ➝ $48.00-5.29%
3/26/2024Piper Sandler
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 Reiterated RatingOverweight ➝ Overweight$58.00+10.31%
1/30/2024Deutsche Bank Aktiengesellschaft
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 Initiated CoverageHold$50.00+4.32%
1/16/2024Truist Financial
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 DowngradeBuy ➝ Hold$44.00 ➝ $47.00+3.55%
1/11/2024The Goldman Sachs Group
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 Boost TargetSell ➝ Sell$30.00 ➝ $36.00-22.09%
9/26/2023Compass Point
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 Initiated CoverageSell$27.00-26.17%
8/8/2023Bank of America
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 Boost TargetNeutral ➝ Neutral$27.00 ➝ $36.00-5.36%
6/27/2023BTIG Research
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 Lower TargetBuy$84.00 ➝ $70.00+148.40%
3/27/2023Citigroup
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 Lower TargetSell$35.00 ➝ $17.00-16.30%
3/16/2023Wells Fargo & Company
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 Lower TargetEqual Weight$36.00 ➝ $26.00-1.10%
1/30/2023Robert W. Baird
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 Boost TargetNeutral$38.00 ➝ $43.00+10.09%
1/4/2023Mizuho
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 Lower TargetNeutral$48.00 ➝ $38.00+11.40%
6/30/2022Jefferies Financial Group
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 Lower TargetHold$78.00 ➝ $50.00+6.04%
6/22/2022Credit Suisse Group
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 Initiated CoverageNeutral$51.00+8.10%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 09:17 AM ET.

SLG Frequently Asked Questions

What is SL Green Realty's stock forecast and purchase recommendation?

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for SL Green Realty is $47.00, with a high forecast of $70.00 and a low forecast of $27.00. The consensus rating for SL Green Realty stock is Reduce based on the current 5 sell ratings, 5 hold ratings and 3 buy ratings for SLG. Learn more on SLG's analyst rating history.

Do Wall Street analysts like SL Green Realty more than its competitors?

Analysts like SL Green Realty less than other "finance" companies. The consensus rating for SL Green Realty is Reduce while the average consensus rating for "finance" companies is Hold. Learn more on how SLG compares to other companies.

Is SL Green Realty being upgraded or downgraded by Wall Street analysts?

Over the previous 90 days, SL Green Realty's stock had 2 upgrades and 1 downgrade by analysts.

Does SL Green Realty's stock price have much upside?

According to analysts, SL Green Realty's stock has a predicted upside of 1.59% based on their 12-month stock forecasts.

What analysts cover SL Green Realty?

SL Green Realty has been rated by research analysts at Barclays, BMO Capital Markets, Evercore ISI, JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, and Scotiabank in the past 90 days.


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This page (NYSE:SLG) was last updated on 5/23/2024 by MarketBeat.com Staff

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