SL Green Realty (SLG) Stock Forecast & Price Target

$62.63

-1.08 (-1.70%)

(As of 09/6/2024 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

Based on 13 Wall Street analysts who have issued ratings for SL Green Realty in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 13 analysts, 5 have given a sell rating, 6 have given a hold rating, and 2 have given a buy rating for SLG.

Consensus Price Target

$53.77
-14.15% Downside

High Forecast	$75.00
Average Forecast	$53.77
Low Forecast	$27.00

According to the 13 analysts' twelve-month price targets for SL Green Realty, the average price target is $53.77. The highest price target for SLG is $75.00, while the lowest price target for SLG is $27.00. The average price target represents a forecasted downside of -14.15% from the current price of $62.63.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
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	2 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	5 Hold rating(s)	8 Hold rating(s)
Sell	5 Sell rating(s)	5 Sell rating(s)	5 Sell rating(s)	4 Sell rating(s)
Consensus Price Target	$53.77	$51.31	$47.00	$34.47
Forecasted Upside	-14.15% Downside	-9.28% Downside	1.59% Upside	8.40% Upside

Get SL Green Realty Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for SLG and its competitors with MarketBeat's FREE daily newsletter.

Ad Porter & Company

Why billionaires are wiring money to abandoned towns

A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.

Click here for my exclusive video

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.

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.

SL Green Realty Stock vs. The Competition

Type	SL Green Realty	Finance Companies	S&P 500
Consensus Rating Score	1.77	2.46	2.51
Consensus Rating	Reduce	Hold	Moderate Buy
Predicted Upside	-14.15% Downside	35.27% Upside	11.36% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/28/2024	Evercore ISI 2 of 5 stars		Boost Target	Underperform ➝ Underperform	$54.00 ➝ $55.00	-17.28%
8/22/2024	Bank of America 4 of 5 stars		Boost Target	Neutral ➝ Neutral	$59.00 ➝ $62.00	-3.32%
8/7/2024	Scotiabank 5 of 5 stars	N. Yulico Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Perform ➝ Sector Perform	$53.00 ➝ $68.00	+10.88%
8/6/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$44.00 ➝ $51.00	-18.63%
7/31/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sell ➝ Sell	$38.00 ➝ $42.00	-37.47%
7/30/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$49.00 ➝ $58.00	-11.56%
Get the Latest News and Ratings for SLG and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for SL Green Realty and its competitors with MarketBeat's FREE daily newsletter.
7/30/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$58.00 ➝ $72.00	+9.79%
7/24/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$58.00 ➝ $75.00	+19.45%
7/19/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$47.00 ➝ $55.00	-9.85%
6/13/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sell ➝ Sell	$31.00 ➝ $37.00	-34.33%
3/28/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$41.00 ➝ $47.00	-14.95%
1/30/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$50.00	+4.32%
9/26/2023	Compass Point Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sell	$27.00	-26.17%
6/27/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$84.00 ➝ $70.00	+148.40%
3/16/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight	$36.00 ➝ $26.00	-1.10%
1/30/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$38.00 ➝ $43.00	+10.09%
1/4/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$48.00 ➝ $38.00	+11.40%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:44 PM ET.

SLG Forecast - Frequently Asked Questions

What is SL Green Realty's forecast for 2024?: According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for SL Green Realty is $53.77, with a high forecast of $75.00 and a low forecast of $27.00.
Should I buy or sell SL Green Realty stock right now?: 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SL Green Realty in the last year. There are currently 5 sell ratings, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" SLG shares.
Does SL Green Realty's stock price have much downside?: According to analysts, SL Green Realty's stock has a predicted downside of -9.56% based on their 12-month stock forecasts.
Has SL Green Realty been upgraded by Wall Street analysts recently?: Over the previous 90 days, SL Green Realty's stock had 1 upgrade by analysts.
What analysts cover SL Green Realty?: SL Green Realty has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Citigroup, Evercore ISI, JPMorgan Chase & Co., Piper Sandler, Scotiabank, The Goldman Sachs Group, and Truist Financial in the past 90 days.
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.