.png "SL Green Realty (NYSE: SLG)")
Stifel Nicolaus analyst John Guinee reiterated a Buy rating on SL Green Realty (SLG) yesterday and set a price target of $90. The company’s shares closed on Friday at $79.38, close to its 52-week low of $76.77.
According to TipRanks.com, Guinee is a 4-star analyst with an average return of 4.7% and a 56.9% success rate. Guinee covers the Financial sector, focusing on stocks such as Washington Real Estate Investment Trust, Franklin Street Properties, and Armada Hoffler Properties.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SL Green Realty with a $102.80 average price target.
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The company has a one-year high of $106.54 and a one-year low of $76.77. Currently, SL Green Realty has an average volume of 793.8K.
Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is negative on the stock. Most recently, in December 2018, Marc Holliday, the CEO of SLG sold 110,000 shares for a total of $9,155,439.
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.
