Barclays Maintains Underweight Rating for SL Green Realty: Here's What You Need To Know

Barclays has decided to maintain its Underweight rating of SL Green Realty SLG and raise its price target from $26.00 to $35.00.

Shares of SL Green Realty are trading up 0.1% over the last 24 hours, at $41.23 per share.

A move to $35.00 would account for a 15.11% decrease from the current share price.

About SL Green Realty

SL Green Realty is one of the largest Manhattan property owners and landlords, with interest in around 35 million square feet of wholly owned and joint-venture office space. The company has additional property exposure through its limited portfolio of well-located retail space. It operates as a real estate investment trust.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.