On July 18, 2025, Truist Securities made an update on SL Green Realty (SLG, Financial), maintaining its current "Hold" rating. Despite the unchanged rating, analyst Michael Lewis has raised the price target for SLG from $54.00 to $58.00, marking a 7.41% increase.
The decision to adjust the price target reflects a revised assessment of SL Green Realty's market performance and potential future valuation. The change in the price target is noted in US dollars and suggests an improved outlook from the perspective of Truist Securities, even as the "Hold" rating remains consistent.
Investors in SL Green Realty (SLG, Financial) will take note of this update as they consider their positions and potential investment strategies regarding the company's stock.
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 $63.06 with a high estimate of $76.00 and a low estimate of $50.00. The average target implies an upside of 2.88% from the current price of $61.30. 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 $33.00, suggesting a downside of 46.17% from the current price of $61.3. 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.
