Zacks Rating on SL Green Realty Corporation (SLG)

SL Green Realty Corporation (SLG) has an average broker rating of 1.81, which is interpreted as a Buy, as rated by 13 equity analysts. Nonetheless, 7 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

SL Green Realty Corporation (SLG) : 10 investment research analysts covering SL Green Realty Corporation (SLG) have an average price target of $125.4 for the near short term. The highest target price given by the Brokerage Firm to the stock is $133 and the lowest target is $107 for the short term. Analysts expect the variance to be within $8.13 of the average price.


SL Green Realty Corp. has dropped 1.92% in the last five trading days, however, the shares have posted positive gains of 0.25% in the last 4 weeks. SL Green Realty Corp. is up 16.7% in the last 3-month period. Year-to-Date the stock performance stands at 4.19%. SL Green Realty Corporation (NYSE:SLG): On Tuesdays trading session , Opening price of the stock was $116.81 with an intraday high of $116.81. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $115.95. However, the stock managed to close at $115.95, a loss of 0.21% for the day. On the previous day, the stock had closed at $116.19. The total traded volume of the day was 439,729 shares.

SL Green Realty Corp. is a self-managed real estate investment trust, or REIT, with in-house capabilities in property management, acquisitions and dispositions, financing, development and redevelopment, construction and leasing. It operates two segments: real estate and debt and preferred equity investments. The Company owns interests in commercial office properties in the New York Metropolitan area, primarily in midtown Manhattan. The Company also manages an approximately 336,201 square foot office building owned by a third party and held debt and preferred equity investments with a book value of approximately $1.4 billion. The Company also invests in well-collateralized debt and preferred equity investments.

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