Oppenheimer analyst Jed Kelly maintained a Buy rating on Sabre (SABR) today. The company’s shares closed yesterday at $24.89.
According to TipRanks.com, Kelly is a 3-star analyst with an average return of 2.3% and a 48.6% success rate. Kelly covers the Services sector, focusing on stocks such as Booking Holdings Inc, Yatra Online Inc, and TripAdvisor Inc.
Currently, the analyst consensus on Sabre is a Moderate Buy with an average price target of $29.33, a 17.8% upside from current levels. In a report issued on October 31, Imperial Capital also maintained a Buy rating on the stock with a $33 price target.
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Sabre’s market cap is currently $6.87B and has a P/E ratio of 20.57. The company has a Price to Book ratio of 7.37.
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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.
