Evercore ISI Group Rates SL Green Realty (SLG) buy
Evercore ISI Group maintains its positive outlook on SLG, targeting $54, a 5.57% upside from the current price.
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Evercore ISI Group rated SL Green Realty Corp. ($SLG) "buy" with a $54 price target on June 15, 2026.
Since the rating, $SLG is down 3.7% after 1 week, down 0.1% after 1 month and down 6.4% to date (from the $50.21 close on Jun 15, 2026).
Key Points
- Evercore ISI Group reiterated its buy rating on SLG, setting a price target of $54 as of June 15, 2026.
- Evercore ISI Group's $54 price target implies 5.57% upside from SL Green Realty Corp.'s ($SLG) current $51.15 share price.
- SLG shares are trading at $51.15, with institutional activity showing BlackRock increasing its holdings and State Street reducing theirs.
- Recent insider transactions include significant sales by executives and a buy by the President & CIO, Harrison Sitomer.
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Evercore ISI Group has reiterated its buy rating on SLG, setting a price target of $54. The announcement was made on June 15, 2026, by analyst Steve Sakwa. SLG shares are currently trading around $51.15.
Other Institutional Activity in SLG
Institutional activity in SLG has been mixed. BlackRock, Inc. increased its position by 65,317 shares, bringing its total to 13,379,191 shares valued at approximately $494.2 million. Meanwhile, State Street Corp reduced its holdings by 103,182 shares, ending with 4,071,540 shares worth about $152.9 million. Cohen & Steers, Inc. significantly increased its stake by 1,061,952 shares, now holding 3,714,293 shares valued at $137.2 million.
SL Green Realty Corp. Stock Down 1.8%
SLG's shares are trading near $51.15. The stock has been active among institutional investors, with mixed buying and selling activities. The company's market positioning and recent analyst ratings could influence future stock movements.
$SLG price target
SL Green Realty Corp. daily closes and this analyst's $54 target. Not advice.
Insider Buying and Selling at SL Green Realty Corp.
Recent insider transactions at SLG include sales by Mathias Andrew, who sold 100,000 shares on May 19, 2026, at $43.94 per share. Andrew Levine, the Chief Legal Officer & General Counsel, sold 33,542 shares on May 4, 2026, at $42.89 each. On the same day, CFO Matthew Diliberto sold 19,000 shares at the same price. In contrast, President & CIO Harrison Sitomer purchased 85,492 shares on February 27, 2026.
Analysts Set New Price Targets
On June 15, 2026, Evercore ISI Group maintained its buy rating on SLG with a $54 price target. Other firms have also weighed in recently; Wells Fargo maintained a hold rating with a $44 target on June 1, 2026, while Scotiabank kept a buy rating with a $53 target on May 21, 2026. The consensus among analysts is generally positive, with a mean target price reflecting confidence in SLG's performance.
About SLG
SLG is a key player in the real estate sector, focusing on acquiring, managing, and developing commercial properties. Based in New York, the company is led by President & CEO Marc Holliday and employs a team dedicated to maximizing property value and returns for investors.
Bottom Line
Evercore ISI Group's reiterated buy rating on SLG with a $54 target highlights confidence in the company's prospects. While institutional and insider activities are mixed, the overall analyst sentiment remains positive. Investors keep a close eye on SLG's performance and market developments, mindful that these ratings and holdings reflect past analyses and may not represent current positions.
Source: Evercore ISI Group's rating change on $SLG (Jun 15, 2026). Written by software, not financial advice. How we make alerts
