Imperial Capital analyst Adam Hackel maintained a Buy rating on Sabre (SABR) today and set a price target of $33. The company’s shares closed yesterday at $23.81.
Hackel noted:
“Figure 1. Prices as of 2/12/19 Thomson Reuters, Company data, and Imperial Capital, LLC. Corporation (SABR) generated revenues of $3.9bn, EBITDA of $1.1bn, and EPS of $1.54 during the latest 12 months (LTM) ended 12/31/18. As of 12/31/18, SABR had $509mn in cash and cash equivalents and approximately $3.4bn of long-term debt.”
Hackel has an average return of 3.4% when recommending Sabre.
According to TipRanks.com, Hackel is ranked #3448 out of 5152 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sabre with a $26.50 average price target, an 11.3% upside from current levels. In a report released yesterday, Oppenheimer also maintained a Buy rating on the stock with a $28 price target.
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Sabre’s market cap is currently $6.57B and has a P/E ratio of 19.68. The company has a Price to Book ratio of 7.05.
Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock.
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Sabre Corp. is a technology solutions provider to the global travel and tourism industry. It offers technology solutions including, data-driven business intelligence, mobile, distribution and software-as-a-service solutions. The company operates through the following segments: Travel Network and Airline & Hospitality Solutions.
