Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Safetyome & Growth (SAFE) Share Price
Media stories about Safetyome & Growth (NASDAQ:SAFE) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Safetyome & Growth earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.1678966051413 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment’s rankings:
- Safety Income & Growth Inc (SAFE) Chairman Jay Sugarman Buys 744 Shares (americanbankingnews.com)
- Insider Buying: Safety Income & Growth Inc (SAFE) Major Shareholder Purchases 72,960 Shares of Stock (americanbankingnews.com)
- Safety Income & Growth Inc (SAFE) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- Abbvie Inc. (ABBV) Dividend Stock Analysis (dividend-growth-stocks.com)
- Burn Care Market Overview, Growth, Share, Revenue and Forecast 2017-2024 (openpr.com)
SAFE has been the subject of a number of analyst reports. Barclays PLC assumed coverage on Safetyome & Growth in a research report on Monday, July 17th. They issued an “equal weight” rating and a $21.00 price target for the company. Bank of America Corporation reiterated a “neutral” rating and issued a $20.00 price objective on shares of Safetyome & Growth in a research note on Monday, July 17th. Ladenburg Thalmann Financial Services assumed coverage on Safetyome & Growth in a research note on Friday, July 14th. They issued a “buy” rating and a $22.00 price objective on the stock. J P Morgan Chase & Co assumed coverage on Safetyome & Growth in a research note on Monday, July 17th. They issued a “neutral” rating and a $21.00 price objective on the stock. Finally, UBS AG assumed coverage on Safetyome & Growth in a research note on Monday, July 17th. They issued a “market perform” rating on the stock. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Safetyome & Growth currently has an average rating of “Hold” and a consensus target price of $20.80.
Safetyome & Growth (NASDAQ SAFE) traded up 0.67% during trading on Monday, hitting $19.58. The stock had a trading volume of 88,659 shares. The company has a market capitalization of $356.16 million and a price-to-earnings ratio of 117.25. The stock has a 50 day moving average price of $19.16 and a 200 day moving average price of $19.25. Safetyome & Growth has a 12-month low of $18.02 and a 12-month high of $20.00.
In other news, CFO Geoffrey G. Jervis bought 28,420 shares of the business’s stock in a transaction that occurred on Tuesday, June 27th. The stock was acquired at an average cost of $20.00 per share, for a total transaction of $568,400.00. Following the purchase, the chief financial officer now owns 28,420 shares of the company’s stock, valued at approximately $568,400. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Jay Sugarman bought 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 27th. The stock was purchased at an average price of $20.00 per share, with a total value of $1,000,000.00. The disclosure for this purchase can be found here. Insiders purchased a total of 3,333,808 shares of company stock valued at $65,813,930 over the last quarter.
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Safetyome & Growth Company Profile
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