.png "SL Green Realty (NYSE: SLG)")
SunTrust Robinson analyst Michael R Lewis reiterated a Hold rating on SL Green Realty (SLG) today and set a price target of $107. The company’s shares opened today at $94.50.
According to TipRanks.com, Lewis is a 4-star analyst with an average return of 5.8% and a 70.5% success rate. Lewis covers the Financial sector, focusing on stocks such as Washington Real Estate Investment Trust, Apartment Investment & Management, and Preferred Apartment Communities.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SL Green Realty with a $103.50 average price target, which is a 9.5% upside from current levels. In a report released yesterday, Jefferies also reiterated a Hold rating on the stock with a $91 price target.
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SL Green Realty’s market cap is currently $8.23B and has a P/E ratio of 26.50. The company has a Price to Book ratio of 1.37.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is negative on the stock. Most recently, in October 2018, Matthew Diliberto, the CFO of SLG sold 35,000 shares for a total of $3,229,588.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
SL Green Realty Corp. is a real estate investment trust, which engages in property management, acquisitions and dispositions, financing, development and redevelopment, construction, and leasing. It operates through the Real Estate, and Debt and Preferred Equity Investments segments.
