Goldman Sachs Seems to Have Lost Some Faith In Sabre (NASDAQ:SABR), Downgrades Stocks

September 17, 2017 - By Marguerite Chambers

  Goldman Sachs Seems to Have Lost Some Faith In Sabre (NASDAQ:SABR), Downgrades Stocks

Investors sentiment is 0.87 in Q4 2016. Its the same as in 2016Q3. It is the same, as 58 investors sold Sabre Corp shares while 90 reduced holdings. only 45 funds opened positions while 84 raised stakes. 290.62 million shares or 1.82% less from 296.00 million shares in 2016Q3 were reported.

408,506 are owned by Allianz Asset Management Ag. Toronto Dominion Comml Bank accumulated 11,637 shares. Pub Employees Retirement Association Of Colorado reported 0.01% in Sabre Corp (NASDAQ:SABR). Leucadia Natl holds 0.02% in Sabre Corp (NASDAQ:SABR) or 9,000 shares. 11,873 were accumulated by Shell Asset Com. Janus Capital Mgmt Ltd Co holds 0.01% or 312,495 shares. Great West Life Assurance Can holds 64,335 shares. King Luther Corporation reported 4.24 million shares or 1.01% of all its holdings. Brown Brothers Harriman And Commerce holds 0.42% or 3.04M shares in its portfolio. Ims stated it has 0.48% in Sabre Corp (NASDAQ:SABR). Westpac Bk Corporation holds 0% or 48,775 shares. Atria Investments Ltd has 0.02% invested in Sabre Corp (NASDAQ:SABR) for 11,201 shares. Old Mutual Customised Solutions (Proprietary) Limited has 0.01% invested in Sabre Corp (NASDAQ:SABR) for 1,800 shares. Cannell Peter B And accumulated 164,985 shares. Fred Alger Mngmt owns 1.91 million shares or 0.26% of their US portfolio.

Sabre (NASDAQ:SABR) Receives a Downgrade

Sabre (NASDAQ:SABR)‘s stock was decreased to a solid “Hold” by equity analysts at Goldman Sachs, who now has a price target of $20.0. Their target is 9.89 % from SABR’s current share price.

Investors sentiment is 0.87 in Q4 2016. Its the same as in 2016Q3. It is the same, as 58 investors sold Sabre Corp shares while 90 reduced holdings. only 45 funds opened positions while 84 raised stakes. 290.62 million shares or 1.82% less from 296.00 million shares in 2016Q3 were reported.

408,506 are owned by Allianz Asset Management Ag. Toronto Dominion Comml Bank accumulated 11,637 shares. Pub Employees Retirement Association Of Colorado reported 0.01% in Sabre Corp (NASDAQ:SABR). Leucadia Natl holds 0.02% in Sabre Corp (NASDAQ:SABR) or 9,000 shares. 11,873 were accumulated by Shell Asset Com. Janus Capital Mgmt Ltd Co holds 0.01% or 312,495 shares. Great West Life Assurance Can holds 64,335 shares. King Luther Corporation reported 4.24 million shares or 1.01% of all its holdings. Brown Brothers Harriman And Commerce holds 0.42% or 3.04M shares in its portfolio. Ims stated it has 0.48% in Sabre Corp (NASDAQ:SABR). Westpac Bk Corporation holds 0% or 48,775 shares. Atria Investments Ltd has 0.02% invested in Sabre Corp (NASDAQ:SABR) for 11,201 shares. Old Mutual Customised Solutions (Proprietary) Limited has 0.01% invested in Sabre Corp (NASDAQ:SABR) for 1,800 shares. Cannell Peter B And accumulated 164,985 shares. Fred Alger Mngmt owns 1.91 million shares or 0.26% of their US portfolio.

Sabre Corp (NASDAQ:SABR) Ratings Coverage

Among 11 analysts covering Sabre Corporation (NASDAQ:SABR), 8 have Buy rating, 1 Sell and 2 Hold. Therefore 73% are positive. Sabre Corporation has $35 highest and $20 lowest target. $27.50’s average target is 51.10% above currents $18.2 stock price. Sabre Corporation had 20 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Wednesday, August 5 by Oppenheimer. On Thursday, November 3 the stock rating was maintained by Mizuho with “Buy”. SunTrust upgraded the shares of SABR in report on Wednesday, June 1 to “Buy” rating. On Thursday, March 31 the stock rating was initiated by Pacific Crest with “Overweight”. Goldman Sachs downgraded the shares of SABR in report on Monday, September 11 to “Neutral” rating. Cowen & Co maintained the stock with “Buy” rating in Wednesday, August 2 report. The firm has “Buy” rating by Mizuho given on Wednesday, February 8. The firm has “Buy” rating given on Wednesday, April 13 by Sterne Agee CRT. Mizuho maintained the stock with “Buy” rating in Wednesday, August 5 report. Suntrust Robinson upgraded Sabre Corp (NASDAQ:SABR) on Wednesday, June 1 to “Buy” rating.

The stock increased 0.66% or $0.12 on September 15, reaching $18.2. About 2.17M shares traded. Sabre Corp (NASDAQ:SABR) has declined 17.80% since September 17, 2016 and is downtrending. It has underperformed by 34.50% the S&P500.

Analysts expect Sabre Corp (NASDAQ:SABR) to report $0.25 EPS on November, 1.They anticipate $0.11 EPS change or 78.57 % from last quarter’s $0.14 EPS. SABR’s profit would be $69.64 million giving it 18.20 P/E if the $0.25 EPS is correct. After having $0.32 EPS previously, Sabre Corp’s analysts see -21.88 % EPS growth.

Sabre Corporation is a technology solutions well-known provider to the global travel and tourism industry. The company has market cap of $5.07 billion. The Firm provides software and services to a range of travel suppliers and travel buyers. It has a 35.99 P/E ratio. The Firm operates through two business divisions: Travel Network, and Airline and Hospitality Solutions.

More notable recent Sabre Corp (NASDAQ:SABR) news were published by: Seekingalpha.com which released: “Sabre: Leverage And Margin Compression Justify Low Valuation” on August 08, 2017, also Bizjournals.com with their article: “Southlake-based Sabre rounds out C-suite with GE exec” published on August 15, 2017, Star-Telegram.com published: “Sabre Corp. is laying off more than 900 workers” on August 01, 2017. More interesting news about Sabre Corp (NASDAQ:SABR) were released by: Nasdaq.com and their article: “Sarah Ketterer Buys Encana Corp, Sabre Corp, Halliburton Co, Sells PVH Corp …” published on August 15, 2017 as well as Fool.com‘s news article titled: “Why Sabre Corp. Stock Plunged Today” with publication date: February 07, 2017.

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