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Analysts Are Bullish on Top Real Estate Stocks: Digital Realty (DLR), SL Green Realty (SLG)

Tipranks - Tue Jun 9, 6:36AM CDT

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Digital Realty (DLR) and SL Green Realty (SLG) with bullish sentiments.

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Digital Realty (DLR)

Bernstein analyst Madison Rezaei maintained a Buy rating on Digital Realty today and set a price target of $232.00. The company’s shares closed last Friday at $186.79.

According to TipRanks.com, Rezaei is a 2-star analyst with an average return of 0.0% and a 61.5% success rate. Rezaei covers the NA sector, focusing on stocks such as SBA Communications, American Tower, and Crown Castle. ;'>

Currently, the analyst consensus on Digital Realty is a Moderate Buy with an average price target of $218.50, implying a 16.7% upside from current levels. In a report issued on June 3, Citi also maintained a Buy rating on the stock.

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SL Green Realty (SLG)

In a report released today, Alexander Goldfarb from Piper Sandler reiterated a Buy rating on SL Green Realty, with a price target of $50.00. The company’s shares closed last Friday at $47.83, close to its 52-week low of $47.22.

According to TipRanks.com, Goldfarb is a 3-star analyst with an average return of 1.9% and a 47.7% success rate. Goldfarb covers the NA sector, focusing on stocks such as Innovative Industrial Properties, Hudson Pacific Properties, and Curbline Properties Corp. ;'>

SL Green Realty has an analyst consensus of Moderate Buy, with a price target consensus of $49.43.

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