Short Term Price Target on Sabre Corporation (SABR)

Sabre Corporation (NASDAQ:SABR) : The most positive equity analysts on Sabre Corporation (NASDAQ:SABR) expects the shares to touch $36, whereas, the least positive believes that the stock will trade at $33 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $34.1 with an expected fluctuation of $1.1 from the mean.

Sabre Corporation has lost 0.11% in the last five trading days and dropped 4.2% in the last 4 weeks. Sabre Corporation has dropped 8.09% during the last 3-month period . Year-to-Date the stock performance stands at -3.3%. Also, SunTrust Robinson Humphrey upgrades their rating on the shares of Sabre Corporation (NASDAQ:SABR). The current rating of the shares is Buy. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on June 1, 2016.

Sabre Corporation (NASDAQ:SABR) : The consensus on Sabre Corporation (NASDAQ:SABR) based on 9 analyst recommendation on the company stock is 1, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 9 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.

Sabre Corporation (NASDAQ:SABR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.60 and $26.39 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.79. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.79, notching a gain of 1.17% for the day. The total traded volume was 2,920,165 . The stock had closed at $26.48 on the previous day.

In an insider trading activity, Kerr Deborah, officer (Executive Vice President) of Sabre Corp, unloaded 45,000 shares at an average price of $27.49 on June 20, 2016. The total amount of the transaction was worth $1,237,050, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Sabre Corporation (Sabre) is a technology solutions provider to the global travel and tourism industry. The Company operates in two segments: Travel Network, which is a global business-to-business travel marketplace for travel suppliers and travel buyers, and Airline and Hospitality Solutions, which provides a suite of software solutions, primarily for airlines and hotel properties. The Company connects travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines and tour operators, with travel buyers in a travel marketplace. It also offers travel suppliers a suite of software solutions, ranging from airline and hotel reservations systems to marketing and operations solutions, such as planning airline crew schedules, re-accommodating passengers during irregular flight operations and managing day-to-day hotel operations.

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