Sabre (NASDAQ:SABR) May Have Just Reached An Inflection Point; Goldman Sachs Downgrades Shares

September 17, 2017 - By test

  Sabre (NASDAQ:SABR) May Have Just Reached An Inflection Point; Goldman Sachs Downgrades Shares

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

Moreover, Wellington Shields Management Ltd Co has 0.12% invested in Sabre Corp (NASDAQ:SABR). Dekabank Deutsche Girozentrale holds 306,742 shares or 0.08% of its portfolio. Silver Lake Grp Limited Liability Company owns 30.02M shares. 15,315 are held by Da Davidson And. Sumitomo Mitsui accumulated 567,882 shares or 0.02% of the stock. The Japan-based Blackrock Japan Com has invested 0.02% in Sabre Corp (NASDAQ:SABR). Capital Fin Advisers Lc, California-based fund reported 383,500 shares. Inv Llc holds 2.47% of its portfolio in Sabre Corp (NASDAQ:SABR) for 101,935 shares. Barclays Plc, United Kingdom-based fund reported 70,565 shares. Boston Private Wealth Ltd invested in 442,872 shares. Great West Life Assurance Com Can, Manitoba – Canada-based fund reported 64,335 shares. Macquarie Grp holds 464,891 shares. Pennsylvania-based Sei has invested 0.01% in Sabre Corp (NASDAQ:SABR). Point72 Asia (Hong Kong) Limited accumulated 726 shares or 0.02% of the stock. Moreover, Cornerstone Advisors Inc has 0.03% invested in Sabre Corp (NASDAQ:SABR) for 1,614 shares.

Sabre (NASDAQ:SABR) Receives a Downgrade

New York-listed Sabre (NASDAQ:SABR), was downgraded by equity analysts at Goldman Sachs who downgraded their rating on the $5.07B market cap firm to a Hold, but decided to stick with their price target of $20.0 on SABR shares.

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

Moreover, Wellington Shields Management Ltd Co has 0.12% invested in Sabre Corp (NASDAQ:SABR). Dekabank Deutsche Girozentrale holds 306,742 shares or 0.08% of its portfolio. Silver Lake Grp Limited Liability Company owns 30.02M shares. 15,315 are held by Da Davidson And. Sumitomo Mitsui accumulated 567,882 shares or 0.02% of the stock. The Japan-based Blackrock Japan Com has invested 0.02% in Sabre Corp (NASDAQ:SABR). Capital Fin Advisers Lc, California-based fund reported 383,500 shares. Inv Llc holds 2.47% of its portfolio in Sabre Corp (NASDAQ:SABR) for 101,935 shares. Barclays Plc, United Kingdom-based fund reported 70,565 shares. Boston Private Wealth Ltd invested in 442,872 shares. Great West Life Assurance Com Can, Manitoba – Canada-based fund reported 64,335 shares. Macquarie Grp holds 464,891 shares. Pennsylvania-based Sei has invested 0.01% in Sabre Corp (NASDAQ:SABR). Point72 Asia (Hong Kong) Limited accumulated 726 shares or 0.02% of the stock. Moreover, Cornerstone Advisors Inc has 0.03% invested in Sabre Corp (NASDAQ:SABR) for 1,614 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 company was maintained on Thursday, November 3 by Mizuho. The stock of Sabre Corp (NASDAQ:SABR) earned “Buy” rating by Mizuho on Friday, October 30. As per Tuesday, July 25, the company rating was maintained by Oppenheimer. The stock has “Outperform” rating by Oppenheimer on Wednesday, August 5. On Wednesday, April 13 the stock rating was initiated by Sterne Agee CRT with “Buy”. The rating was upgraded by SunTrust on Wednesday, June 1 to “Buy”. The rating was maintained by Mizuho with “Buy” on Wednesday, August 5. The stock has “Buy” rating by Mizuho on Wednesday, February 8. The rating was downgraded by Bank of America to “Neutral” on Tuesday, February 14. Pacific Crest initiated the stock with “Overweight” rating in Thursday, March 31 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.

Analysts expect Sabre Corp (NASDAQ:SABR) to report $0.25 EPS on November, 1.They anticipate $0.11 EPS change or 78.57 % from last quarter’s $0.14 EPS. SABR’s profit would be $69.64M giving it 18.20 P/E if the $0.25 EPS is correct. After having $0.32 EPS previously, Sabre Corp’s analysts see -21.88 % 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 Seekingalpha.com with their article: “Sabre: Leverage And Margin Compression Justify Low Valuation” published on August 08, 2017, Nasdaq.com published: “Sarah Ketterer Buys Encana Corp, Sabre Corp, Halliburton Co, Sells PVH Corp …” on August 15, 2017. More interesting news about Sabre Corp (NASDAQ:SABR) were released by: Fool.com and their article: “Why Sabre Corp. Stock Plunged Today” published on February 07, 2017 as well as Star-Telegram.com‘s news article titled: “Sabre Corp. is laying off more than 900 workers” with publication date: August 01, 2017.

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