Oppenheimer Assigns a Hold Rating on Sabre (SABR)


In a report released yesterday, Jed Kelly from Oppenheimer assigned a Hold rating to Sabre (SABR). The company’s shares closed last Wednesday at $7.23.

According to TipRanks.com, Kelly is a 4-star analyst with an average return of 10.5% and a 49.3% success rate. Kelly covers the Technology sector, focusing on stocks such as Paypal Holdings, Black Knight, and Corelogic.

Sabre has an analyst consensus of Hold.

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The company has a one-year high of $23.88 and a one-year low of $3.30. Currently, Sabre has an average volume of 8.43M.

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Sabre Corp. is a technology solutions provider to the global travel and tourism industry. It provides data-driven business intelligence, mobile, distribution and software-as-a-service solutions. The company operates through the following segments: Travel Network, Airline Solutions and Hospitality Solutions. The Travel Network segment is a global B2B travel marketplace for travel suppliers and travel buyers. The Airline Solutions segment offers a portfolio of software technology products and solutions, through software-as-a-service. The Hospitality Solutions segment provides software and solutions, through SaaS and hosted delivery model, to hoteliers around the world. Sabre was founded in December 2006 and is headquartered in Southlake, TX.

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