In recent developments, Wells Fargo has maintained its 'Equal-Weight' rating for SL Green Realty (SLG, Financial). The firm has decided to lower its price target from $69.00 to $58.00 as of May 19, 2025.
This adjustment represents a 15.94% decrease from the previous price target. SL Green Realty (SLG, Financial), a prominent player in the real estate sector, continues to navigate market dynamics as reflected in this latest update from the financial services company.
Analyst Blaine Heck of Wells Fargo is responsible for this assessment. The current price target of $58.00 is reflective of ongoing market evaluations. Investors in SL Green Realty (SLG, Financial) may consider this information when making future trading decisions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for SL Green Realty Corp (SLG, Financial) is $63.19 with a high estimate of $87.00 and a low estimate of $50.00. The average target implies an upside of 8.25% from the current price of $58.37. More detailed estimate data can be found on the SL Green Realty Corp (SLG) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, SL Green Realty Corp's (SLG, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for SL Green Realty Corp (SLG, Financial) in one year is $32.56, suggesting a downside of 44.22% from the current price of $58.37. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the SL Green Realty Corp (SLG) Summary page.
