SL Green Realty Corp (NYSE:SLG) has been upgraded to Buy in a statement by TheStreet earlier today.
- Updated: November 26, 2016
TheStreet has upgraded SL Green Realty Corp (NYSE:SLG) to Buy in a statement released on 11/21/2016.
On 2/11/2016, Barclays Capital released a statement for SL Green Realty Corp (NYSE:SLG) bumped down the target price from $110.00 to $97.00 that suggested an upside of 0.20%.
Boasting a price of $106.07, SL Green Realty Corp (NYSE:SLG) traded -0.20% lower on the day. With the last stock price close down -1.88% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. SLG has recorded a 50-day average of $102.25 and a two hundred day average of $107.19. Trade Volume was down over the average, with 194,614 shares of SLG changing hands under the typical 845,744
Recent Performance Chart
SL Green Realty Corp has PE ratio of 36.14 with a 52 week low of $80.12 and a 52 week high of $120.79 and has a market cap of $0.
In addition to TheStreet reporting its target price, a total of 18 brokers have issued a report on SL Green Realty Corp. The 12-month price target is $119.61 with zero brokerages rating the company a strong buy, zero equity analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and lastly 0 firms rating the stock a sell.
About SL Green Realty Corp (NYSE:SLG)
SL Green Realty Corp. is a self-managed real estate investment trust, with in-house capabilities in property management, acquisitions and dispositions, financing, development and redevelopment, construction and leasing. The Company acquires, owns, repositions, manages and leases commercial office, retail and multifamily properties in the New York Metropolitan area. It operates through two segments: real estate, and debt and preferred equity investments. It owns or holds interests in approximately 30 consolidated and over five unconsolidated commercial office buildings encompassing approximately 21.0 million rentable square feet and approximately 3.0 million rentable square feet, for a total of over 24.0 million rentable square feet, located primarily in midtown Manhattan. It invests in well-collateralized debt and preferred equity investments. It manages an office building owned by a third-party encompassing over 336,000 square feet and holds debt and preferred equity investments.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.