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Safe Bulkers Inc. (SB) [hlAlert]

Rating:
Buy SB
down 50.61 %

Safe Bulkers Inc. (SB) rated Buy with price target $5.50 by Global Hunter Securities

Posted on: Wednesday,  Apr 17, 2013  10:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Buy Safe Bulkers Inc. (NYSE: SB) on 04/17/2013. Previously Global Hunter Securities rated Buy Safe Bulkers Inc. (NYSE: SB)
on 05/22/2012., when the stock price was $6.50. Since then, Safe Bulkers Inc. has lost 50.62% as of 01/20/2016's recent price of $3.21.
If you would have followed the previous Global Hunter Securities's recommendation on SB, you would have lost 50.61% of your investment in 1338 days.

Safe Bulkers, Inc. is an international provider of marine dry bulk transportation services. The Company transports bulk cargoes, particularly grain, iron ore and coal, along worldwide shipping routes for consumers of marine dry bulk transportation services. As of May 15, 2009, the Company had a fleet of 13 Japanese-built drybulk vessels, with an aggregate carrying capacity of 1,061,900 deadweight tons (dwt) and an average age of 3.4 years. The Company?s operations are managed by its manager, Safety Management Overseas S.A.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/17/2013 10:25 AM Buy
None
4.94 5.50
as of 12/13/2013
1 Week up  15.82 %
1 Month up  17.96 %
3 Months up  32.29 %
1 YTD up  165.77 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/22/2012 9:25 AM Buy
None
6.50 5.00

(*) Stock Price at the time of the recommendation.
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