Sabre Corp. Now Covered by William Blair (SABR)
A number of other analysts have also recently weighed in on SABR. Analysts at Evercore Partners initiated coverage on shares of Sabre Corp. in a research note on Tuesday. They set an “overweight” rating and a $21.00 price target on the stock. Separately, analysts at Cowen and Company initiated coverage on shares of Sabre Corp. in a research note on Tuesday. They set an “outperform” rating and a $20.00 price target on the stock. Finally, analysts at Cowen and Company initiated coverage on shares of Sabre Corp. in a research note on Tuesday. They set an “outperform” rating and a $20.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $20.13.
Shares of Sabre Corp. (NASDAQ:SABR) traded up 0.99% during mid-day trading on Wednesday, hitting $17.249. The stock had a trading volume of 64,502 shares. Sabre Corp. has a 52 week low of $15.00 and a 52 week high of $17.90. The stock has a 50-day moving average of $16.39 and a 200-day moving average of $16.39. The company’s market cap is $4.226 billion.
Sabre Corp. (NASDAQ:SABR) last released its earnings data on Thursday, May 15th. The company reported $0.18 EPS for the quarter. The company had revenue of $661.18 million for the quarter, compared to the consensus estimate of $616.57 million. Analysts expect that Sabre Corp. will post $0.93 EPS for the current fiscal year.
Sabre Corporation is a technology solutions provider to the global travel and tourism industry. The Company provides software and services to a range of travel suppliers and travel buyers.
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