Jefferies analyst Omar Nokta has announced an update on Safe Bulkers (SB, Financial) as of May 20, 2025. The firm has decided to maintain its previous stance on Safe Bulkers, reaffirming a 'Buy' rating for the stock. This decision indicates continued confidence in the company's growth potential and market position.
The price target for Safe Bulkers (SB, Financial) remains steady at USD 5.00. This consistent valuation reflects the analyst's outlook on the stock's performance in the foreseeable future. The price target remains unchanged from the previous analysis, suggesting stable expectations for the stock's valuation.
Investors and market watchers can infer from this announcement that Jefferies sees no immediate reason to alter their bullish perspective on Safe Bulkers (SB, Financial), supported by the maintained price target and rating. The stock continues to be a recommended buy according to Jefferies' latest assessment.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Safe Bulkers Inc (SB, Financial) is $5.10 with a high estimate of $6.20 and a low estimate of $4.10. The average target implies an upside of 37.47% from the current price of $3.71. More detailed estimate data can be found on the Safe Bulkers Inc (SB) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Safe Bulkers Inc's (SB, Financial) average brokerage recommendation is currently 1.0, indicating "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Safe Bulkers Inc (SB, Financial) in one year is $3.55, suggesting a downside of 4.31% from the current price of $3.71. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Safe Bulkers Inc (SB) Summary page.
