Sabre Corp PT Raised to $22.00 at Mizuho (SABR)
Mizuho increased their price target on shares of Sabre Corp (NASDAQ:SABR) from $19.00 to $22.00 in a research note issued on Wednesday. The firm currently has a “buy” rating on the stock. Mizuho’s price target suggests a potential upside of 17.65% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Imperial Capital initiated coverage on shares of Sabre Corp in a research note on Thursday, June 5th. They set an “outperform” rating and a $24.00 price target on the stock. Separately, 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. Finally, 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. One analyst has rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $20.91.
Shares of Sabre Corp (NASDAQ:SABR) opened at 18.70 on Wednesday. Sabre Corp has a one year low of $15.00 and a one year high of $20.91. The stock has a 50-day moving average of $19.63 and a 200-day moving average of $18.36. The company’s market cap is $4.582 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. On average, analysts predict that Sabre Corp will post $0.91 earnings per share 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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