Sabre Corporation (NASDAQ:SABR) : 9 analysts are covering Sabre Corporation (NASDAQ: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 (NASDAQ:SABR) : Currently there are 10 street experts covering Sabre Corporation (NASDAQ:SABR) stock. The most bullish and bearish price target for the stock is $36 and $33 respectively for the short term. The average price target of all the analysts comes to $34.3. The estimated standard deviation from the target is $1.06.
For the current week, the company shares have a recommendation consensus of Buy. 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): stock turned positive on Tuesday. Though the stock opened at $25.49, the bulls momentum made the stock top out at $25.97 level for the day. The stock recorded a low of $25.37 and closed the trading day at $25.93, in the green by 2.49%. The total traded volume for the day was 2,710,083. The stock had closed at $25.3 in the previous days trading.
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.