Safe Bulkers (SB) Tops Q3 EPS by 1c

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Go back to Safe Bulkers (SB) Tops Q3 EPS by 1c

Jefferies Cuts Price Target on SafeBulkers (SB) Post Q3

November 16, 2012 11:15 AM EST

Jefferies cut its price target on Safe Bulkers (NYSE: SB) from $6 to $4 following Q3 results. They maintained a Hold rating.

The firm comments, "...Safe Bulkers reported adjusted 3Q12 EPS of $0.30 which was better than both Street consensus of $0.29 and our estimate of $0.27... More