Sabre Corp Coverage Initiated at Imperial Capital (SABR)
Analysts at Imperial Capital initiated coverage on shares of Sabre Corp (NASDAQ:SABR) in a research report issued to clients and investors on Thursday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein initiated coverage on shares of Sabre Corp in a research note on Thursday, May 29th. They set an “outperform” rating and a $21.00 price target on the stock. Separately, analysts at Bernstein initiated coverage on shares of Sabre Corp in a research note on Thursday, May 29th. They set an “outperform” rating and a $21.00 price target on the stock. Finally, analysts at William Blair initiated coverage on shares of Sabre Corp in a research note on Wednesday, May 28th. They set an “outperform” rating on the stock. One equities research analyst has rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Sabre Corp currently has a consensus rating of “Buy” and an average price target of $20.30.
Sabre Corp (NASDAQ:SABR) traded up 1.16% on Thursday, hitting $19.22. The stock had a trading volume of 854,295 shares. Sabre Corp has a 52-week low of $15.00 and a 52-week high of $19.475. The stock has a 50-day moving average of $16.83 and a 200-day moving average of $16.83. The company’s market cap is $4.709 billion.
Sabre Corp (NASDAQ:SABR) last posted its quarterly earnings results 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 $0.90 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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