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Analysts Have Conflicting Sentiments on These Real Estate Companies: Newmark Group (NMRK) and SL Green Realty (SLG)

Analysts have been eager to weigh in on the Real Estate sector with new ratings on Newmark Group (NMRKResearch Report) and SL Green Realty (SLGResearch Report).

Newmark Group (NMRK)

In a report released today, Alexander Goldfarb from Piper Sandler assigned a Buy rating to Newmark Group, with a price target of $19.00. The company’s shares closed last Thursday at $14.96, close to its 52-week high of $16.10.

According to TipRanks.com, Goldfarb is a 4-star analyst with an average return of 5.4% and a 56.6% success rate. Goldfarb covers the NA sector, focusing on stocks such as Innovative Industrial Properties, Curbline Properties Corp., and Hudson Pacific Properties.

Newmark Group has an analyst consensus of Moderate Buy, with a price target consensus of $18.50, representing a 25.2% upside. In a report released today, KBW also maintained a Buy rating on the stock with a $18.00 price target.

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SL Green Realty (SLG)

In a report released today, Steve Sakwa from Evercore ISI maintained a Hold rating on SL Green Realty, with a price target of $80.00. The company’s shares closed last Thursday at $79.15, close to its 52-week high of $82.81.

According to TipRanks.com, Sakwa is a 3-star analyst with an average return of 1.2% and a 52.8% success rate. Sakwa covers the NA sector, focusing on stocks such as COPT Defense Properties, Eastgroup Properties, and JBG Smith Properties.

The word on The Street in general, suggests a Hold analyst consensus rating for SL Green Realty with a $73.67 average price target, which is a -5.6% downside from current levels. In a report issued on November 18, Wells Fargo also maintained a Hold rating on the stock.

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Analysts Offer Insights on Real Estate Companies: SL Green Realty (SLG) and Annaly Capital (NLY)

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on SL Green Realty (SLGResearch Report) and Annaly Capital (NLYResearch Report) with bullish sentiments.

SL Green Realty (SLG)

In a report released today, Alexander Goldfarb from Piper Sandler maintained a Buy rating on SL Green Realty, with a price target of $90.00. The company’s shares closed last Thursday at $79.15, close to its 52-week high of $82.81.

According to TipRanks.com, Goldfarb is a 4-star analyst with an average return of 5.4% and a 56.6% success rate. Goldfarb covers the NA sector, focusing on stocks such as Innovative Industrial Properties, Curbline Properties Corp., and Hudson Pacific Properties.

Currently, the analyst consensus on SL Green Realty is a Hold with an average price target of $73.56.

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Annaly Capital (NLY)

In a report released today, Crispin Love from Piper Sandler maintained a Buy rating on Annaly Capital, with a price target of $21.50. The company’s shares closed last Thursday at $19.78.

According to TipRanks.com, Love is a 4-star analyst with an average return of 11.0% and a 68.8% success rate. Love covers the Financial sector, focusing on stocks such as Virtus Investment Partners, TriplePoint Venture Growth, and SEI Investments Company.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Annaly Capital with a $21.92 average price target, implying a 12.4% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $23.00 price target.

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