Safe Bulkers Inc. (SB) Social Stream
SAFE BULKERS INC (SB) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering SAFE BULKERS INC.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-05 | 3 | $8 | $5.5 | $6.666 | $4.01 | 66.23% |
| 2022-01-24 | 3 | $7 | $5.5 | $6.333 | $4.01 | 57.93% |
| 2022-03-11 | 3 | $7 | $4 | $5.833 | $4.01 | 45.46% |
| 2022-04-27 | 3 | $7 | $4.5 | $6 | $4.01 | 49.63% |
| 2022-05-26 | 3 | $7 | $6.5 | $6.75 | $4.01 | 68.33% |
| 2022-05-27 | 3 | $7 | $5 | $6.166 | $4.01 | 53.77% |
| 2022-07-29 | 2 | $7 | $7 | $7 | $4.01 | 74.56% |
| 2022-09-15 | 2 | $7 | $5 | $6 | $4.01 | 49.63% |
| 2022-11-10 | 2 | $7 | $4 | $5.5 | $4.01 | 37.16% |
| 2022-12-13 | 2 | $7 | $3 | $5 | $4.01 | 24.69% |
| 2023-04-24 | 1 | $3 | $3 | $3 | $4.01 | -25.19% |
| 2023-10-16 | 1 | $4 | $4 | $4 | $4.01 | -0.25% |
Price Target Last Issued October 16, 2023
The Trend in the Analyst Price Target
SB's average price target has moved down $2.67 over the prior 24 months.
SB reports an average of 4.9% for its upside potential over the past 38 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-01-23 | 1 | 3 | 3 | 3 | 3.13 | -4.15% |
| 2023-02-15 | 1 | 3 | 3 | 3 | 3.21 | -6.54% |
| 2023-04-24 | 1 | 3 | 3 | 3 | 3.78 | -20.63% |
| 2023-06-06 | 1 | 4 | 4 | 4 | 3.53 | 13.31% |
| 2023-10-16 | 1 | 4 | 4 | 4 | 3.31 | 20.85% |
SB Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 3 | 0 | 0 | 1 | 0 | 0 | 1 |
The Trend in the Broker Recommendations
Over the past 35 weeks, SB's average broker recommendation rating improved by 0.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- SB has a greater number of analysts covering the stock than 55.6% of all US stocks.
- In terms of how SAFE BULKERS INC fares relative to all US stocks, note that its average analyst price target is greater than 59.7% of that group.
- SB has a greater upside potential (average analyst target price relative to current price) than 830.46% of Transportation stocks.
- To contextualize these metrics, consider that out of Transportation stocks, SAFE BULKERS INC's variance in analysts' estimates is lower than -267.85% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Transportation industry with the ratings most similar to SAFE BULKERS INC are GSL, CPLP, and TNP.
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