Safe Bulkers Inc has a consensus price target of $6 based on the ratings of 1 analysts. The high is $6 issued by Jefferies on November 14, 2024. The low is $6 issued by Jefferies on November 14, 2024. The 3 most-recent analyst ratings were released by Jefferies on November 14, 2024, May 11, 2023, and February 16, 2023, respectively. With an average price target of $4.33 between Jefferies, there's an implied 21.04% upside for Safe Bulkers Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Safe Bulkers (NYSE:SB) was reported by Jefferies on November 14, 2024. The analyst firm set a price target for $6.00 expecting SB to rise to within 12 months (a possible 67.60% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Safe Bulkers (NYSE:SB) was provided by Jefferies, and Safe Bulkers maintained their buy rating.
There is no last upgrade for Safe Bulkers
The last downgrade for Safe Bulkers Inc happened on September 26, 2022 when Jefferies changed their price target from $5 to $4 for Safe Bulkers Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Safe Bulkers, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Safe Bulkers was filed on November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
While ratings are subjective and will change, the latest Safe Bulkers (SB) rating was a maintained with a price target of $6.00 to $6.00. The current price Safe Bulkers (SB) is trading at is $3.58, which is out of the analyst’s predicted range.
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