Safe Bulkers, Inc found using ticker (SB) now have 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 7 and 3 and has a mean target at 5.34. With the stocks previous close at 4.25 this would imply there is a potential upside of 25.6%. The 50 day moving average now sits at 3.82 and the 200 day MA is 3.94. The company has a market cap of $519m. Find out more information at: https://www.safebulkers.com
The potential market cap would be $653m based on the market concensus.
Safe Bulkers provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 15, 2021, the company had a fleet of 43 drybulk vessels having an average age of 10.3 years; and an aggregate carrying capacity of 3,937,000 deadweight tons. Its fleet consisted of 15 Panamax class vessels, 10 Kamsarmax class vessels, 14 post- Panamax class vessels, and four Capesize class vessels. The company was incorporated in 2007 and is based in Monaco.
