Sabre Corporation’s (SABR) Buy Rating Reaffirmed at Deutsche Bank AG

Deutsche Bank AG reiterated their buy rating on shares of Sabre Corporation (NASDAQ:SABR) in a report issued on Monday morning. Deutsche Bank AG currently has a $22.00 price objective on the information technology services provider’s stock, down from their previous price objective of $25.00.

Several other equities research analysts also recently weighed in on SABR. Zacks Investment Research raised shares of Sabre Corporation from a sell rating to a hold rating in a report on Wednesday, October 4th. Cowen and Company reissued an outperform rating and issued a $23.00 price target (down from $26.00) on shares of Sabre Corporation in a report on Wednesday, August 2nd. Mizuho reissued a buy rating and issued a $25.00 price target (down from $27.00) on shares of Sabre Corporation in a report on Wednesday, August 2nd. TheStreet downgraded shares of Sabre Corporation from a b rating to a c rating in a report on Tuesday, August 1st. Finally, Jefferies Group LLC raised shares of Sabre Corporation from a hold rating to a buy rating and set a $25.00 price target for the company in a report on Tuesday, August 15th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of $22.63.

Sabre Corporation (NASDAQ SABR) opened at 18.03 on Monday. Sabre Corporation has a one year low of $17.30 and a one year high of $27.35. The stock has a market cap of $5.02 billion, a P/E ratio of 38.04 and a beta of 0.74. The stock has a 50 day moving average of $18.14 and a 200-day moving average of $20.98.

Sabre Corporation (NASDAQ:SABR) last posted its quarterly earnings data on Tuesday, August 1st. The information technology services provider reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.03. The business had revenue of $900.66 million during the quarter, compared to the consensus estimate of $895.05 million. Sabre Corporation had a net margin of 3.87% and a return on equity of 46.16%. The company’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.37 earnings per share. Analysts anticipate that Sabre Corporation will post $1.35 EPS for the current year.

TRADEMARK VIOLATION NOTICE: “Sabre Corporation’s (SABR) Buy Rating Reaffirmed at Deutsche Bank AG” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this news story on another website, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this news story can be read at https://ledgergazette.com/2017/10/10/sabre-corporations-sabr-buy-rating-reaffirmed-at-deutsche-bank-ag.html.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Thursday, September 21st were issued a dividend of $0.14 per share. The ex-dividend date was Wednesday, September 20th. This represents a $0.56 annualized dividend and a yield of 3.11%. Sabre Corporation’s payout ratio is presently 116.67%.

In other Sabre Corporation news, insider Hugh W. Jones sold 36,100 shares of the business’s stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $20.12, for a total transaction of $726,332.00. Following the sale, the insider now owns 82,600 shares in the company, valued at approximately $1,661,912. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Judson Wade Jones sold 3,822 shares of the business’s stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of $17.92, for a total value of $68,490.24. Following the sale, the insider now owns 31,726 shares in the company, valued at approximately $568,529.92. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Creative Planning raised its holdings in Sabre Corporation by 4.7% during the 2nd quarter. Creative Planning now owns 4,578 shares of the information technology services provider’s stock worth $100,000 after buying an additional 205 shares during the period. Toronto Dominion Bank increased its holdings in shares of Sabre Corporation by 2.1% in the 2nd quarter. Toronto Dominion Bank now owns 12,444 shares of the information technology services provider’s stock valued at $272,000 after purchasing an additional 254 shares during the period. Utah Retirement Systems increased its holdings in shares of Sabre Corporation by 1.1% in the 2nd quarter. Utah Retirement Systems now owns 38,100 shares of the information technology services provider’s stock valued at $830,000 after purchasing an additional 400 shares during the period. Xact Kapitalforvaltning AB increased its holdings in shares of Sabre Corporation by 2.4% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 30,997 shares of the information technology services provider’s stock valued at $675,000 after purchasing an additional 716 shares during the period. Finally, Lincoln Capital LLC increased its holdings in shares of Sabre Corporation by 0.5% in the 2nd quarter. Lincoln Capital LLC now owns 181,538 shares of the information technology service

Several other equities research analysts also recently weighed in on SABR. Zacks Investment Research raised shares of Sabre Corporation from a sell rating to a hold rating in a report on Wednesday, October 4th. Cowen and Company reissued an outperform rating and issued a $23.00 price target (down from $26.00) on shares of Sabre Corporation in a report on Wednesday, August 2nd. Mizuho reissued a buy rating and issued a $25.00 price target (down from $27.00) on shares of Sabre Corporation in a report on Wednesday, August 2nd. TheStreet downgraded shares of Sabre Corporation from a b rating to a c rating in a report on Tuesday, August 1st. Finally, Jefferies Group LLC raised shares of Sabre Corporation from a hold rating to a buy rating and set a $25.00 price target for the company in a report on Tuesday, August 15th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of $22.63.

Sabre Corporation (NASDAQ SABR) opened at 18.03 on Monday. Sabre Corporation has a one year low of $17.30 and a one year high of $27.35. The stock has a market cap of $5.02 billion, a P/E ratio of 38.04 and a beta of 0.74. The stock has a 50 day moving average of $18.14 and a 200-day moving average of $20.98.

Sabre Corporation (NASDAQ:SABR) last posted its quarterly earnings data on Tuesday, August 1st. The information technology services provider reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.03. The business had revenue of $900.66 million during the quarter, compared to the consensus estimate of $895.05 million. Sabre Corporation had a net margin of 3.87% and a return on equity of 46.16%. The company’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.37 earnings per share. Analysts anticipate that Sabre Corporation will post $1.35 EPS for the current year.

TRADEMARK VIOLATION NOTICE: “Sabre Corporation’s (SABR) Buy Rating Reaffirmed at Deutsche Bank AG” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this news story on another website, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this news story can be read at https://ledgergazette.com/2017/10/10/sabre-corporations-sabr-buy-rating-reaffirmed-at-deutsche-bank-ag.html.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Thursday, September 21st were issued a dividend of $0.14 per share. The ex-dividend date was Wednesday, September 20th. This represents a $0.56 annualized dividend and a yield of 3.11%. Sabre Corporation’s payout ratio is presently 116.67%.

In other Sabre Corporation news, insider Hugh W. Jones sold 36,100 shares of the business’s stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $20.12, for a total transaction of $726,332.00. Following the sale, the insider now owns 82,600 shares in the company, valued at approximately $1,661,912. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Judson Wade Jones sold 3,822 shares of the business’s stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of $17.92, for a total value of $68,490.24. Following the sale, the insider now owns 31,726 shares in the company, valued at approximately $568,529.92. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Creative Planning raised its holdings in Sabre Corporation by 4.7% during the 2nd quarter. Creative Planning now owns 4,578 shares of the information technology services provider’s stock worth $100,000 after buying an additional 205 shares during the period. Toronto Dominion Bank increased its holdings in shares of Sabre Corporation by 2.1% in the 2nd quarter. Toronto Dominion Bank now owns 12,444 shares of the information technology services provider’s stock valued at $272,000 after purchasing an additional 254 shares during the period. Utah Retirement Systems increased its holdings in shares of Sabre Corporation by 1.1% in the 2nd quarter. Utah Retirement Systems now owns 38,100 shares of the information technology services provider’s stock valued at $830,000 after purchasing an additional 400 shares during the period. Xact Kapitalforvaltning AB increased its holdings in shares of Sabre Corporation by 2.4% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 30,997 shares of the information technology services provider’s stock valued at $675,000 after purchasing an additional 716 shares during the period. Finally, Lincoln Capital LLC increased its holdings in shares of Sabre Corporation by 0.5% in the 2nd quarter. Lincoln Capital LLC now owns 181,538 shares of the information technology services provider’s stock valued at $3,952,000 after purchasing an additional 827 shares during the period.

About Sabre Corporation

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. The Company operates through two business segments: Travel Network, and Airline and Hospitality Solutions. Travel Network is its global business-to-business travel marketplace and consists primarily of its global distribution system (GDS) and a set of solutions that integrate with its GDS to serve travel suppliers and travel buyers.

Analyst Recommendations for Sabre Corporation (NASDAQ:SABR)

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