Sabre Corporation (SABR) : 9 analysts are covering Sabre Corporation (SABR) and their average rating on the stock is 1, which is read as a Strong Buy. 9 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels.
Sabre Corporation (SABR) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $36 and the lowest price target forecast is $33. The average forecast of all the analysts is $34.1 and the expected standard deviation is $1.1.
For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, SunTrust Robinson Humphrey upgrades its outlook on Sabre Corporation (NASDAQ:SABR). The current rating of the shares is Buy, according to the research report released by the firm. Previously, the company had a rating of Neutral. The rating by the firm was issued on June 1, 2016.
Sabre Corporation (NASDAQ:SABR): The stock opened at $26.73 on Wednesday but the bulls could not build on the opening and the stock topped out at $26.88 for the day. The stock traded down to $26.51 during the day, due to lack of any buying support eventually closed down at $26.66 with a loss of -0.74% for the day. The stock had closed at $26.86 on the previous day. The total traded volume was 3,987,691 shares.
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.