Goldman Sachs Gives Sabre (NASDAQ:SABR) a Lower Rating. Will Other Analysts Follow Suit?

September 17, 2017 - By Linda Rogers

  Goldman Sachs Gives Sabre (NASDAQ:SABR) a Lower Rating. Will Other Analysts Follow Suit?

Investors sentiment is 0.87 in 2016 Q4. Its the same as in 2016Q3. It is the same, 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.

The Korea-based Korea Investment has invested 0.01% in Sabre Corp (NASDAQ:SABR). Mitsubishi Ufj Tru Bk Corporation holds 0.02% or 414,096 shares. Moreover, Reinhart Partners Inc has 2.43% invested in Sabre Corp (NASDAQ:SABR). reported 4,814 shares or 0% of all its holdings. Winfield Associate reported 20 shares. Fincl Advisers Lc stated it has 383,500 shares or 0.09% of all its holdings. Boston Private Wealth Lc reported 0.46% stake. Parametric Portfolio Ltd Liability Corp holds 0% or 82,672 shares. Bradley Foster And Sargent Inc Ct reported 0.03% stake. Everpoint Asset Mgmt Ltd reported 280,000 shares stake. Brinker Cap stated it has 25,030 shares. Century reported 1.76M shares. Price T Rowe Associate Md holds 16.24 million shares or 0.08% of its portfolio. Moreover, Eagle Asset has 0.16% invested in Sabre Corp (NASDAQ:SABR) for 1.01 million shares. First Republic Inv Incorporated owns 48,711 shares.

Sabre (NASDAQ:SABR) Receives a Downgrade

Trading for shares of Sabre (NASDAQ:SABR) will be very interesting to watch, as Goldman Sachs cut the rating for the stock to a Hold. In addition to the ratings downgrade, Goldman Sachs analysts have given the shares a target of $20.0 which is 9.89 % higher than before.

Investors sentiment is 0.87 in 2016 Q4. Its the same as in 2016Q3. It is the same, 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.

The Korea-based Korea Investment has invested 0.01% in Sabre Corp (NASDAQ:SABR). Mitsubishi Ufj Tru Bk Corporation holds 0.02% or 414,096 shares. Moreover, Reinhart Partners Inc has 2.43% invested in Sabre Corp (NASDAQ:SABR). reported 4,814 shares or 0% of all its holdings. Winfield Associate reported 20 shares. Fincl Advisers Lc stated it has 383,500 shares or 0.09% of all its holdings. Boston Private Wealth Lc reported 0.46% stake. Parametric Portfolio Ltd Liability Corp holds 0% or 82,672 shares. Bradley Foster And Sargent Inc Ct reported 0.03% stake. Everpoint Asset Mgmt Ltd reported 280,000 shares stake. Brinker Cap stated it has 25,030 shares. Century reported 1.76M shares. Price T Rowe Associate Md holds 16.24 million shares or 0.08% of its portfolio. Moreover, Eagle Asset has 0.16% invested in Sabre Corp (NASDAQ:SABR) for 1.01 million shares. First Republic Inv Incorporated owns 48,711 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. SunTrust upgraded Sabre Corp (NASDAQ:SABR) on Wednesday, June 1 to “Buy” rating. The firm earned “Neutral” rating on Tuesday, February 14 by Bank of America. Pacific Crest initiated Sabre Corp (NASDAQ:SABR) on Thursday, March 31 with “Overweight” rating. Oppenheimer maintained the stock with “Buy” rating in Tuesday, July 25 report. As per Monday, August 7, the company rating was downgraded by Bank of America. The stock of Sabre Corp (NASDAQ:SABR) earned “Buy” rating by Mizuho on Thursday, November 3. The firm has “Equal-Weight” rating given on Thursday, April 6 by Morgan Stanley. The firm earned “Buy” rating on Wednesday, August 2 by Cowen & Co. Sterne Agee CRT initiated it with “Buy” rating and $33 target in Wednesday, April 13 report. Oppenheimer maintained it with “Outperform” rating and $32 target in Wednesday, August 5 report.

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.

Wall Street await Sabre Corp (NASDAQ:SABR) to release earnings on November, 1. Analysts forecast EPS of $0.25, up exactly $0.11 or 78.57 % from 2014’s $0.14 EPS. The expected SABR’s profit could reach $69.64 million giving the stock 18.20 P/E in the case that $0.25 earnings per share is reported. After posting $0.32 EPS for the previous quarter, Sabre Corp’s analysts now forecast -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: Bizjournals.com which released: “Southlake-based Sabre rounds out C-suite with GE exec” on August 15, 2017, also Nasdaq.com with their article: “Sarah Ketterer Buys Encana Corp, Sabre Corp, Halliburton Co, Sells PVH Corp …” published on August 15, 2017, Star-Telegram.com published: “Sabre Corp. is laying off more than 900 workers” on August 01, 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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