Safe Bulkers, Inc. (NYSE:SB) gets upgraded to Buy by Seaport Global Securities with a price target of $5.00

ME Staff
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Analyst Ratings For Safe Bulkers, Inc. (NYSE:SB)

Today, Safe Bulkers, Inc. (NYSE:SB) stock received an upgrade by Seaport Global Securities from Neutral to Buy with a price target of $5.00.

There are 3 Hold Ratings, 2 Buy Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Safe Bulkers, Inc. (NYSE:SB) is Hold with a consensus target price of $3.8333 per share, a potential 13.08% upside.

Some recent analyst ratings include

  • 7/31/2018-Seaport Global Securities Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 7/23/2018-Maxim Group Reiterated Rating of Buy.
  • 12/18/2017-Jefferies Financial Group initiated coverage with a Hold rating.
  • 2/24/2017-Evercore ISI Upgrade from a “Sell ” rating to a ” Hold” rating.


  • On 2/16/2018 Robert Kim Tyler, Director, bought 900 with an average share price of $0.07 per share and the total transaction amounting to $63.00.
  • On 2/15/2018 Robert Morrison, Insider, bought 7,000 with an average share price of $0.08 per share and the total transaction amounting to $560.00.
  • On 2/13/2018 Robert Morrison, Insider, sold 9,000 with an average share price of $0.06 per share and the total transaction amounting to $540.00.
  • On 10/30/2017 Robert Morrison, Insider, sold 17,000 with an average share price of $0.05 per share and the total transaction amounting to $850.00.
  • On 10/25/2017 Robert Morrison, Insider, sold 100,000 with an average share price of $0.04 per share and the total transaction amounting to $4,000.00.

About Safe Bulkers, Inc. (NYSE:SB)
Safe Bulkers, Inc. provides marine drybulk transportation services worldwide. It is involved in the acquisition, ownership, and operation of drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of February 9, 2018, the company had a fleet of 39 drybulk vessels with an aggregate carrying capacity of 3,513,800 deadweight tons. Its fleet consisted of 14 Panamax class vessels, 9 Kamsarmax class vessels, 13 Post-Panamax class vessels, and 3 Capesize class vessels. Safe Bulkers, Inc. was founded in 2007 and is based in Monaco.

Recent Trading Activity for Safe Bulkers, Inc. (NYSE:SB)
Shares of Safe Bulkers, Inc. closed the previous trading session at 3,34 +0,11 3,41 % with 3.45 shares trading hands.