This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Are Bullish on Top Real Estate Stocks: Blackstone Mortgage (BXMT), SL Green Realty (SLG)

Tipranks - Fri Apr 17, 1:42AM CDT

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

Claim 30% Off TipRanks

Blackstone Mortgage (BXMT)

According to TipRanks.com, Shane is a 5-star analyst with an average return of 11.8% and a 66.3% success rate. Shane covers the Financial sector, focusing on stocks such as MidCap Financial Investment Corporation, Morgan Stanley Direct Lending Fund, and Blackstone Secured Lending Fund. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Blackstone Mortgage with a $21.50 average price target.

See today’s best-performing stocks on TipRanks >>

SL Green Realty (SLG)

BMO Capital analyst John Kim maintained a Buy rating on SL Green Realty yesterday and set a price target of $52.00. The company’s shares closed last Wednesday at $41.63.

According to TipRanks.com, Kim is a 1-star analyst with an average return of -1.5% and a 45.7% success rate. Kim covers the NA sector, focusing on stocks such as Easterly Government Properties, Rexford Industrial Realty, and Hudson Pacific Properties. ;'>

Currently, the analyst consensus on SL Green Realty is a Moderate Buy with an average price target of $46.53, implying a 14.1% upside from current levels. In a report issued on April 1, Piper Sandler also maintained a Buy rating on the stock with a $50.00 price target.

Read More on BXMT:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.