Sabre Corporation (SABR) has been under a strong bear grip, hence the stock is down -3.67% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 4.5% in the past 1 week. The stock has risen by 3.82% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.88% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.43% and the fifty day Moving Average is 1.47%. Sabre Corporation has dropped 0.55% during the last three month period . Year-to-Date the stock performance stands at 1.14%.
Sabre Corporation (SABR) stock is expected to deviate a maximum of $1.41 from the average target price of $33.67 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $36 and the most muted being $32.
Sabre Corporation (NASDAQ:SABR): stock turned positive on Friday. Though the stock opened at $27.98, the bulls momentum made the stock top out at $28.23 level for the day. The stock recorded a low of $27.81 and closed the trading day at $28.02, in the green by 0.43%. The total traded volume for the day was 1,939,834. The stock had closed at $27.9 in the previous days trading.
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.