Analysts at Raymond James Financial, Inc. started coverage on shares of Safety Income & Growth Inc (NASDAQ:SAFE) in a research report issued on Tuesday, MarketBeat reports. The brokerage set a “market perform” rating on the stock.
Several other brokerages have also issued reports on SAFE. Bank of America Corporation reaffirmed a “neutral” rating and set a $20.00 target price on shares of Safetyome & Growth in a research report on Monday. J P Morgan Chase & Co started coverage on Safetyome & Growth in a research report on Monday. They set a “neutral” rating and a $21.00 target price on the stock. Barclays PLC started coverage on Safetyome & Growth in a research report on Monday. They set an “equal weight” rating and a $21.00 target price on the stock. Ladenburg Thalmann Financial Services started coverage on Safetyome & Growth in a research report on Friday, July 14th. They set a “buy” rating and a $22.00 target price on the stock. Finally, UBS AG started coverage on Safetyome & Growth in a research report on Monday. They set a “market perform” rating on the stock. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $21.00.
Shares of Safetyome & Growth (NASDAQ SAFE) opened at 19.20 on Tuesday. Safetyome & Growth has a 52-week low of $18.32 and a 52-week high of $19.75. The company’s 50 day moving average price is $19.41 and its 200 day moving average price is $19.41.
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In other news, CFO Geoffrey G. Jervis acquired 28,420 shares of the business’s stock in a transaction dated Tuesday, June 27th. The shares were acquired at an average cost of $20.00 per share, with a total value of $568,400.00. Following the completion of the acquisition, the chief financial officer now owns 28,420 shares of the company’s stock, valued at $568,400. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Nina Matis acquired 20,000 shares of the business’s stock in a transaction dated Tuesday, June 27th. The stock was purchased at an average cost of $20.00 per share, for a total transaction of $400,000.00. Following the completion of the acquisition, the insider now directly owns 20,000 shares of the company’s stock, valued at approximately $400,000. The disclosure for this purchase can be found here. Insiders have purchased a total of 2,359,670 shares of company stock worth $47,193,400 over the last ninety days.
Safetyome & Growth Company Profile
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