Decoding 11 Analyst Evaluations For SL Green Realty
Portfolio Pulse from Benzinga Insights
SL Green Realty (NYSE:SLG) has received mixed evaluations from 11 analysts over the last three months, with sentiments ranging from bullish to bearish. The average 12-month price target for SLG has increased by 10.07% to $44.91, with a high estimate of $58.00 and a low of $35.00. Analysts from firms including Deutsche Bank, Piper Sandler, Truist Securities, Goldman Sachs, Barclays, and BMO Capital have updated their ratings and price targets, reflecting their views on the company's market conditions and performance. SL Green Realty, a large Manhattan property owner and landlord, has shown a revenue growth of 22.23% but has below-average net margin and ROE, indicating potential profitability and efficiency challenges.

January 30, 2024 | 12:00 pm
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SL Green Realty has received diverse analyst ratings with an updated average 12-month price target of $44.91. The company has experienced significant revenue growth but faces challenges in profitability and efficiency.
The mixed analyst ratings and the increase in the average price target suggest a neutral short-term impact on SLG's stock price. The positive revenue growth is a good sign, but the concerns about net margin and ROE may temper investor enthusiasm.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100