In a report released today, Jed Kelly from Oppenheimer maintained a Hold rating on Sabre (SABR). The company’s shares closed last Tuesday at $5.80, close to its 52-week low of $3.30.
According to TipRanks.com, Kelly is ranked #688 out of 6228 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Sabre with a $9.50 average price target.
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Sabre’s market cap is currently $1.51B and has a P/E ratio of 7.70. The company has a Price to Book ratio of -0.52.
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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.
