SL Green Realty (SLG) Stock Forecast & Price Target

$55.02

-1.41 (-2.50%)

(As of 07/5/2024 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

$44.62
-18.91% Downside

High Forecast	$58.00
Average Forecast	$44.62
Low Forecast	$27.00

Type	Current Forecast 7/7/23 to 7/6/24	1 Month Ago 6/7/23 to 6/6/24	3 Months Ago 4/8/23 to 4/7/24	1 Year Ago 7/7/22 to 7/7/23
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)	3 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	6 Hold rating(s)	7 Hold rating(s)
Sell	6 Sell rating(s)	5 Sell rating(s)	4 Sell rating(s)	4 Sell rating(s)
Consensus Price Target	$44.62	$47.00	$45.83	$33.43
Forecasted Upside	-18.91% Downside	1.59% Upside	1.32% Upside	17.00% 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.

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	1.69	2.44	2.50
Consensus Rating	Reduce	Hold	Moderate Buy
Predicted Upside	-19.26% Downside	63.71% Upside	12.49% Upside
News Sentiment Rating	Neutral 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	Action	Rating	Price Target	Upside/Downside on Report Date
7/1/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underperform ➝ Underperform	$47.00 ➝ $49.00	-10.80%
6/13/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sell ➝ Sell	$31.00 ➝ $37.00	-34.33%
4/25/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight ➝ Underweight	$43.00 ➝ $44.00	-12.25%
4/18/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$56.00 ➝ $58.00	+16.77%
4/2/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Underperform ➝ Sector Underperform	$40.00 ➝ $43.00	-16.60%
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%
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.
3/27/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underweight ➝ Equal Weight	$35.00 ➝ $48.00	-5.29%
3/26/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Overweight	$58.00	+10.31%
1/30/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Hold	$50.00	+4.32%
1/16/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	$44.00 ➝ $47.00	+3.55%
1/11/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sell ➝ Sell	$30.00 ➝ $36.00	-22.09%
9/26/2023	Compass Point Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Sell	$27.00	-26.17%
8/8/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$27.00 ➝ $36.00	-5.36%
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 01:33 AM 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 $44.62, with a high forecast of $58.00 and a low forecast of $27.00.
Should I buy or sell SL Green Realty stock right now?: 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SL Green Realty in the last twelve months. There are currently 6 sell ratings, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research 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 -8.70% 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 BMO Capital Markets, Citigroup, Evercore ISI, and JPMorgan Chase & Co. 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.