Sabre Corporation (SABR) : The consensus on Sabre Corporation (SABR) based on 7 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, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.
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.
Also, In the latest statement by the brokerage house, Oppenheimer maintains its outlook on Sabre Corporation (NASDAQ:SABR). The current rating of the shares is Outperform, according to the research report released by the firm. The brokerage firm lowers the price target from $34 per share to $32 per share. The rating by the firm was issued on August 3, 2016.
Sabre Corporation (NASDAQ:SABR): After opening at $27.28, the stock dipped to an intraday low of $27.21 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $27.77 and the buying power remained strong till the end. The stock closed at $27.57 for the day, a gain of 0.88% for the day session. The total traded volume was 2,352,639. The stocks close on the previous trading day was $27.33.
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.