Analyst Price Target is $6.00
▲ +20.85% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Safe Bulkers in the last 3 months. The average price target is $6.00, with a high forecast of $6.00 and a low forecast of $6.00. The average price target represents a 20.85% upside from the last price of $4.97.
Current Consensus is
Buy
The current consensus among 1 contributing investment analysts is to buy stock in Safe Bulkers. This Buy consensus rating has held steady for over two years.
Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. The company has a fleet of 47 drybulk vessels having an aggregate carrying capacity of 4,719,600 deadweight tons. Its fleet consists of 10 Panamax class vessels, 11 Kamsarmax class vessels, 18 post-Panamax class vessels, and 8 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.
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