A Lower Rating Has Been Given to Sabre (NASDAQ:SABR) By a Goldman Sachs. $20.0 is The Target Price

September 17, 2017 - By Michael Collier

  A Lower Rating Has Been Given to Sabre (NASDAQ:SABR) By a Goldman Sachs. $20.0 is The Target Price

Investors sentiment is 0.87 in 2016 Q4. Its the same as in 2016Q3. It is without change, as 58 investors sold Sabre Corp shares while 90 reduced holdings. only 45 funds opened positions while 84 raised stakes. 290.62 million shares or 1.82% less from 296.00 million shares in 2016Q3 were reported.

Da Davidson And Co reported 0.01% stake. Janus Ltd Liability Com invested in 312,495 shares or 0.01% of the stock. Franklin Resources Inc holds 0.03% of its portfolio in Sabre Corp (NASDAQ:SABR) for 2.41M shares. Cibc Asset Mgmt holds 0% of its portfolio in Sabre Corp (NASDAQ:SABR) for 8,731 shares. Moreover, Thomas White Interest has 0.14% invested in Sabre Corp (NASDAQ:SABR). Moreover, Macquarie Group has 0.02% invested in Sabre Corp (NASDAQ:SABR). 14.93 million are held by Vanguard Group Inc Inc. Suntrust Banks Inc reported 65,063 shares. 219,980 are owned by Zacks Mngmt. Morgan Stanley holds 952,138 shares or 0.01% of its portfolio. Daiwa reported 5,100 shares. First Republic Inv Management reported 0.01% stake. Fmr Ltd owns 0.03% invested in Sabre Corp (NASDAQ:SABR) for 9.69 million shares. Bradley Foster And Sargent Ct stated it has 23,885 shares. Point72 Asset Mngmt Limited Partnership owns 71,300 shares.

Sabre (NASDAQ:SABR) Receives a Downgrade

Goldman Sachs has downgraded shares of Sabre (NASDAQ:SABR) to a Hold rating in analysts report shared with investors and clients on 11 September. The firm now has a $20.0 target price on shares. Goldman Sachs’s target price indicates a possibly upside of 9.89 % from the stock close price of the stock.

Investors sentiment is 0.87 in 2016 Q4. Its the same as in 2016Q3. It is without change, as 58 investors sold Sabre Corp shares while 90 reduced holdings. only 45 funds opened positions while 84 raised stakes. 290.62 million shares or 1.82% less from 296.00 million shares in 2016Q3 were reported.

Da Davidson And Co reported 0.01% stake. Janus Ltd Liability Com invested in 312,495 shares or 0.01% of the stock. Franklin Resources Inc holds 0.03% of its portfolio in Sabre Corp (NASDAQ:SABR) for 2.41M shares. Cibc Asset Mgmt holds 0% of its portfolio in Sabre Corp (NASDAQ:SABR) for 8,731 shares. Moreover, Thomas White Interest has 0.14% invested in Sabre Corp (NASDAQ:SABR). Moreover, Macquarie Group has 0.02% invested in Sabre Corp (NASDAQ:SABR). 14.93 million are held by Vanguard Group Inc Inc. Suntrust Banks Inc reported 65,063 shares. 219,980 are owned by Zacks Mngmt. Morgan Stanley holds 952,138 shares or 0.01% of its portfolio. Daiwa reported 5,100 shares. First Republic Inv Management reported 0.01% stake. Fmr Ltd owns 0.03% invested in Sabre Corp (NASDAQ:SABR) for 9.69 million shares. Bradley Foster And Sargent Ct stated it has 23,885 shares. Point72 Asset Mngmt Limited Partnership owns 71,300 shares.

Sabre Corp (NASDAQ:SABR) Ratings Coverage

Among 11 analysts covering Sabre Corporation (NASDAQ:SABR), 8 have Buy rating, 1 Sell and 2 Hold. Therefore 73% are positive. Sabre Corporation has $35 highest and $20 lowest target. $27.50’s average target is 51.10% above currents $18.2 stock price. Sabre Corporation had 20 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Bank of America given on Tuesday, February 14. Oppenheimer maintained Sabre Corp (NASDAQ:SABR) on Tuesday, July 25 with “Buy” rating. Mizuho maintained Sabre Corp (NASDAQ:SABR) on Thursday, November 3 with “Buy” rating. The firm has “Overweight” rating by Pacific Crest given on Thursday, March 31. The stock has “Underperform” rating by Bank of America on Monday, August 7. The stock of Sabre Corp (NASDAQ:SABR) has “Buy” rating given on Tuesday, August 25 by Zacks. On Wednesday, June 1 the stock rating was upgraded by Suntrust Robinson to “Buy”. Cowen & Co maintained the stock with “Buy” rating in Wednesday, August 2 report. The firm has “Buy” rating given on Wednesday, August 5 by Mizuho. The stock of Sabre Corp (NASDAQ:SABR) earned “Buy” rating by Mizuho on Wednesday, February 8.

The stock increased 0.66% or $0.12 on September 15, reaching $18.2. About 2.17 million shares traded. Sabre Corp (NASDAQ:SABR) has declined 17.80% since September 17, 2016 and is downtrending. It has underperformed by 34.50% the S&P500.

Analysts await Sabre Corp (NASDAQ:SABR) to report earnings on November, 1. They expect $0.25 EPS, up 78.57 % or $0.11 from last year’s $0.14 per share. SABR’s profit will be $69.64M for 18.20 P/E if the $0.25 EPS becomes a reality. After $0.32 actual EPS reported by Sabre Corp for the previous quarter, Wall Street now forecasts -21.88 % negative EPS growth.

Sabre Corporation is a technology solutions well-known provider to the global travel and tourism industry. The company has market cap of $5.07 billion. The Firm provides software and services to a range of travel suppliers and travel buyers. It has a 35.99 P/E ratio. The Firm operates through two business divisions: Travel Network, and Airline and Hospitality Solutions.

More notable recent Sabre Corp (NASDAQ:SABR) news were published by: Star-Telegram.com which released: “Sabre Corp. is laying off more than 900 workers” on August 01, 2017, also Bizjournals.com with their article: “Southlake-based Sabre rounds out C-suite with GE exec” published on August 15, 2017, Seekingalpha.com published: “Sabre: Leverage And Margin Compression Justify Low Valuation” on August 08, 2017. More interesting news about Sabre Corp (NASDAQ:SABR) were released by: Prnewswire.com and their article: “Sabre Names Joe DiFonzo as Chief Information Officer” published on June 30, 2017 as well as Fool.com‘s news article titled: “Why Sabre Corp. Stock Plunged Today” with publication date: February 07, 2017.

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