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Equities research analysts at Rhino Trading assumed coverage on shares of Sabre Corp (NASDAQ:SABR) in a research note issued to investors on Tuesday. The firm set a “buy” rating and a $26.00 price target on the stock. Rhino Trading’s price objective would indicate a potential upside of 42.62% from the stock’s previous close.

Sabre Corp (NASDAQ:SABR) traded down 0.71% on Tuesday, hitting $18.10. The stock had a trading volume of 24,634 shares. Sabre Corp has a 52 week low of $15.00 and a 52 week high of $20.91. The stock’s 50-day moving average is $18.80 and its 200-day moving average is $18.36. The company has a market cap of $4.435 billion and a price-to-earnings ratio of 106.61. Sabre Corp also was the target of a significant growth in short interest in August. As of August 15th, there was short interest totalling 5,758,394 shares, a growth of 53.3% from the July 31st total of 3,755,911 shares. Approximately 11.7% of the company’s stock are short sold. Based on an average daily volume of 804,302 shares, the days-to-cover ratio is currently 7.2 days.

Sabre Corp (NASDAQ:SABR) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.22 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.18 by $0.04. The company had revenue of $717.57 million for the quarter, compared to the consensus estimate of $742.45 million. The company’s quarterly revenue was down 6.6% on a year-over-year basis. Analysts expect that Sabre Corp will post $0.94 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 16th. Stockholders of record on Monday, September 1st will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend is Wednesday, August 27th.

SABR has been the subject of a number of other recent research reports. Analysts at Jefferies Group raised their price target on shares of Sabre Corp from $20.00 to $21.00 in a research note on Friday, August 8th. Separately, analysts at Mizuho raised their price target on shares of Sabre Corp from $19.00 to $22.00 in a research note on Wednesday, August 6th. They now have a “buy” rating on the stock. Finally, 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. One analyst has rated the stock with a hold rating and twelve have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $21.42.

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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