Stock To Watch: SL Green Realty Corporation (NYSE:SLG)


The leading market experts have placed a mean price target of $119.89 on SL Green Realty Corporation (NYSE:SLG) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.59 a share for the upcoming quarter and $8.16 for the current fiscal. Technical View The technical analysis of SL Green Realty Corporation Com plainly substantiates that the 50-day moving average of SL Green Realty Corporation Com is $103.04, and stock is hovering 7.21 or +7.00% distant from $103.04. It is noted that the 200-day MA is $98.77, and SL Green Realty Corporation Com stock is $11.48 or +11.62% off from this point. SL Green Realty Corporation (NYSE:SLG) 52-week high is $121.94 and the 52-week low is $80.12. This explains if the stock moves $-11.69, it will post a 52-week high. In event of $+37.61% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of SL Green Realty Corporation Com, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, SL Green Realty Corporation (NYSE:SLG) ratio came in at 44.31. The stock last ended the trading session at $110.25 and registered a market cap of $11.05B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. SL Green Realty Corporation (NYSE:SLG) PEG ratio is at 3.30.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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