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Analysts Offer Insights on Real Estate Companies: SL Green Realty (SLG) and AvalonBay (AVB)

Tipranks - Fri Jul 24, 9:42AM CDT

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on SL Green Realty (SLG) and AvalonBay (AVB).

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SL Green Realty (SLG)

Goldman Sachs analyst Caitlin Burrows maintained a Sell rating on SL Green Realty today and set a price target of $38.00. The company’s shares closed last Thursday at $53.61.

According to TipRanks.com, Burrows is a 1-star analyst with an average return of -0.4% and a 57.7% success rate. Burrows covers the NA sector, focusing on stocks such as Essential Properties Realty, Phillips Edison & Company, and Hudson Pacific Properties. ;'>

SL Green Realty has an analyst consensus of Hold, with a price target consensus of $52.83.

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AvalonBay (AVB)

In a report released today, Michael Lewis from Truist Financial maintained a Buy rating on AvalonBay. The company’s shares closed last Thursday at $190.93.

According to TipRanks.com, Lewis is a 5-star analyst with an average return of 11.3% and a 71.6% success rate. Lewis covers the NA sector, focusing on stocks such as Easterly Government Properties, American Healthcare REIT, Inc., and National Storage Affiliates. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for AvalonBay with a $197.85 average price target.

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