Morgan Stanley slashes price target on Sabre Corporation [SABR] – find out why.

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Sabre Corporation [NASDAQ: SABR] price surged by 5.18 percent to reach at $0.31. The company report on June 22, 2022 that Wingie Enuygun Group chooses Sabre to drive expansion goals.


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Sabre Corporation (NASDAQ: SABR), a leading software and technology company that powers the global travel industry, and Wingie Enuygun Group, a leading online travel marketplace across the Middle East and North Africa (MENA), have announced a multi-year renewal of their GDS agreement to help drive international growth for the travel agency.

Wingie Enuygun has been working with Sabre for more than 7 years, delivering on its vision to help today’s traveler save time and money. Under the renewal agreement, Wingie Enuygun will use Sabre Red 360 to deliver highly personalized offers for its customers, by deploying intelligent and consultative services and features on the wingie.com, wingie.ae, sa.wingie.com and enuygun.com domains.

A sum of 48470844 shares traded at recent session while its average daily volume was at 8.09M shares. Sabre Corporation shares reached a high of $6.50 and dropped to a low of $5.99 until finishing in the latest session at $6.29.

The one-year SABR stock forecast points to a potential upside of 49.68. The average equity rating for SABR stock is currently 2.90, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Sabre Corporation [SABR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SABR shares is $12.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SABR stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Morgan Stanley have made an estimate for Sabre Corporation shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on March 16, 2021. The new note on the price target was released on February 19, 2021, representing the official price target for Sabre Corporation stock. Previously, the target price had yet another raise to $14, while Morgan Stanley analysts kept a Overweight rating on SABR stock. On December 16, 2020, analysts increased their price target for SABR shares from 5 to 11.

The Average True Range (ATR) for Sabre Corporation is set at 0.45, with the Price to Sales ratio for SABR stock in the period of the last 12 months amounting to 1.00.

SABR Stock Performance Analysis:

Sabre Corporation [SABR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.52. With this latest performance, SABR shares dropped by -5.98% in over the last four-week period, additionally sinking by -28.28% over the last 6 months – not to mention a drop of -52.53% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SABR stock in for the last two-week period is set at 41.05, with the RSI for the last a single of trading hit 44.16, and the three-weeks RSI is set at 40.16 for Sabre Corporation [SABR]. The present Moving Average for the last 50 days of trading for this stock 8.13, while it was recorded at 6.06 for the last single week of trading, and 9.49 for the last 200 days.

Insight into Sabre Corporation Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Sabre Corporation [SABR] shares currently have an operating margin of -38.14 and a Gross Margin at +45.89. Sabre Corporation’s Net Margin is presently recorded at -54.83.

Sabre Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.40 and a Current Ratio set at 2.40.

Sabre Corporation [SABR] Insider Position Details

There are presently around $2,182 million, in the hands of institutional investors. The top three institutional holders of SABR stocks are: VANGUARD GROUP INC with ownership of 30,687,947, which is approximately 5.102% of the company’s market cap and around 1.20% of the total institutional ownership; BLACKROCK INC., holding 30,285,026 shares of the stock with an approximate value of $190.49 million in SABR stocks shares; and FUNDSMITH LLP, currently with $142.62 million in SABR stock with ownership of nearly 0.006% of the company’s market capitalization.

Positions in Sabre Corporation stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 164 institutional holders increased their position in Sabre Corporation [NASDAQ:SABR] by around 28,893,396 shares. Additionally, 155 investors decreased positions by around 32,444,361 shares, while 57 investors held positions by with 285,502,766 shares. The mentioned changes placed institutional holdings at 346,840,523 shares, according to the latest SEC report filing. SABR stock had 50 new institutional investments in for a total of 7,943,519 shares, while 39 institutional investors sold positions of 2,119,562 shares during the same period.

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