Safe Bulkers, Inc. (SB) Reaches $2.35 After 5.00% Down Move, Last Week Cameco (TSE:CCO) Coverage

July 6, 2017 - By Kurt Siggers

The stock of Safe Bulkers, Inc. (NYSE:SB) is a huge mover today! About 132,228 shares traded. Safe Bulkers, Inc. (NYSE:SB) has risen 124.94% since July 6, 2016 and is uptrending. It has outperformed by 108.24% the S&P500.The move comes after 8 months negative chart setup for the $229.52M company. It was reported on Jul, 6 by Barchart.com. We have $2.23 PT which if reached, will make NYSE:SB worth $11.48 million less.

Among 8 analysts covering Cameco Corporation (TSE:CCO), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Cameco Corporation had 35 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Buy” rating by TD Securities given on Wednesday, January 18. The firm earned “Hold” rating on Tuesday, November 22 by TD Securities. The stock has “Neutral” rating by Credit Suisse on Thursday, April 13. On Monday, May 1 the stock rating was maintained by BMO Capital Markets with “Outperform”. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, May 30. The stock has “Outperform” rating by Scotia Capital on Wednesday, September 2. The stock of Cameco Corp (TSE:CCO) earned “Sector Perform” rating by Scotia Capital on Thursday, November 3. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, January 29. TD Securities upgraded the shares of CCO in report on Thursday, January 12 to “Buy” rating. Scotia Capital maintained it with “Sector Perform” rating and $13 target in Friday, February 10 report. See Cameco Corp (TSE:CCO) latest ratings:

01/05/2017 Broker: BMO Capital Markets Rating: Outperform New Target: $18.00 Maintain
01/05/2017 Broker: Scotia Capital Rating: Sector Perform New Target: $14.50 Maintain
13/04/2017 Broker: Credit Suisse Rating: Neutral New Target: $13.50 Initiate
10/02/2017 Broker: Scotia Capital Rating: Sector Perform New Target: $13.00 Maintain
10/02/2017 Broker: RBC Capital Markets Rating: Sector Perform Maintain
02/02/2017 Broker: RBC Capital Markets Old Rating: Outperform New Rating: Sector Perform New Target: $15.00 Downgrade
24/01/2017 Broker: Goldman Sachs Rating: Old Target: $11.00 New Target: $12.50 Target Up
18/01/2017 Broker: Scotia Capital Rating: Sector Perform New Target: $14.00 Maintain
18/01/2017 Broker: TD Securities Rating: Buy New Target: $21.00 Maintain
18/01/2017 Broker: RBC Capital Markets Rating: Outperform Maintain

Among 7 analysts covering Safe Bulkers (NYSE:SB), 2 have Buy rating, 2 Sell and 3 Hold. Therefore 29% are positive. Safe Bulkers had 11 analyst reports since October 23, 2015 according to SRatingsIntel. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Tuesday, December 15 report. Seaport Global reinitiated the shares of SB in report on Tuesday, August 2 with “Neutral” rating. The company was upgraded on Tuesday, March 28 by Morgan Stanley. The company was maintained on Tuesday, May 30 by Jefferies. DNB Markets upgraded Safe Bulkers, Inc. (NYSE:SB) on Friday, January 27 to “Buy” rating. The firm has “Underperform” rating given on Friday, July 29 by Credit Suisse. The firm earned “Hold” rating on Friday, October 23 by Jefferies. The firm has “Hold” rating by Stifel Nicolaus given on Friday, January 20.

Safe Bulkers, Inc. is a holding company. The company has market cap of $229.52 million. The Company’s principal business is the acquisition, ownership and operation of drybulk vessels. It currently has negative earnings. The Company’s vessels operate across the world, carrying drybulk cargo for the clients of marine drybulk transportation services.

Cameco Corporation is a uranium producer. The company has market cap of $4.81 billion. The Firm is primarily engaged in the exploration for and the development, mining, refining, conversion, fabrication and trading of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. It currently has negative earnings. The Firm operates through three divisions: uranium, fuel services and NUKEM.