Breaking: Mizuho Securities Reconfirms $19.0 Target On Safety Income & Growth Inc (NYSE:SAFE) Shares, Reconfirms Their Original “Hold” Rating

January 14, 2018 - By Vivian Park

 Breaking: Mizuho Securities Reconfirms $19.0 Target On Safety Income & Growth Inc (NYSE:SAFE) Shares, Reconfirms Their Original

Safety Income & Growth Inc (NYSE:SAFE) Rating Reaffirmed

In a report shared with investors on Thursday, 26 October, The “Hold” rating of Safety Income & Growth Inc (NYSE:SAFE) shares was restate at Mizuho Securities, who now has a $19.0 target price per share on the stock. Mizuho Securities’s target price per share gives a possible upside of 5.97 % from the current price of the company.

Safety, Income & Growth Inc. (NYSE:SAFE) Ratings Coverage

Among 4 analysts covering Safety Income & Growth Inc (NYSE:SAFE), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Safety Income & Growth Inc has $2200 highest and $19.0 lowest target. $20.75’s average target is 15.73% above currents $17.93 stock price. Safety Income & Growth Inc had 7 analyst reports since July 14, 2017 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, October 26 by Mizuho. The company was initiated on Monday, July 17 by Barclays Capital. J.P. Morgan initiated Safety, Income & Growth Inc. (NYSE:SAFE) rating on Monday, July 17. J.P. Morgan has “Hold” rating and $2100 target. Ladenburg maintained Safety, Income & Growth Inc. (NYSE:SAFE) on Tuesday, October 31 with “Buy” rating. Ladenburg maintained the shares of SAFE in report on Monday, July 31 with “Buy” rating. The rating was maintained by Ladenburg with “Buy” on Friday, July 14. The stock of Safety, Income & Growth Inc. (NYSE:SAFE) earned “Hold” rating by Mizuho on Thursday, August 31.

The stock increased 0.06% or $0.01 during the last trading session, reaching $17.93. About 131,136 shares traded or 14.07% up from the average. Safety, Income & Growth Inc. (NYSE:SAFE) has 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await Safety, Income & Growth Inc. (NYSE:SAFE) to report earnings on January, 25. SAFE’s profit will be $2.91M for 28.02 P/E if the $0.16 EPS becomes a reality. After $-0.04 actual EPS reported by Safety, Income & Growth Inc. for the previous quarter, Wall Street now forecasts -500.00 % EPS growth.

Safety, Income & Growth Inc. is the first publicly traded firm that focuses on acquiring, owning, managing and capitalizing ground leases. The company has market cap of $326.15 million. The Firm seeks to provide safe, growing income and capital appreciation to shareholders by building a diversified portfolio of high quality ground leases. It has a 235.92 P/E ratio. The Firm is managed by its largest shareholder, iStar Inc.

More news for Safety, Income & Growth Inc. (NYSE:SAFE) were recently published by: Seekingalpha.com, which released: “SAFE Is Safe Yield And Ballast In Your Portfolio” on January 09, 2018. Businesswire.com‘s article titled: “Safety, Income & Growth Inc. Declares Common Stock Dividend” and published on December 19, 2017 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: