Sabre Hospitality, a branch of Sabre Corporation (SABR, Financial), has announced the renewal of its partnership with Preferred Hotels & Resorts, a leading independent hotel brand with over 600 hotels across 80 countries. This multi-year agreement aims to bolster the revenue streams and customer base for Preferred Hotels & Resorts through the introduction of SynXis Retailing and Gift Card & Vouchers solutions.
The extended collaboration will integrate Sabre's SynXis Booking Engine, GDS Distribution, Call Center Services, Digital Marketing, and SynXis Voice Agent technologies across the global network of Preferred Hotels & Resorts. This strategic move is tailored to enhance the hospitality group's service offerings and reach.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Sabre Corp (SABR, Financial) is $4.88 with a high estimate of $7.25 and a low estimate of $3.50. The average target implies an upside of 128.87% from the current price of $2.13. More detailed estimate data can be found on the Sabre Corp (SABR) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Sabre Corp's (SABR, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Sabre Corp (SABR, Financial) in one year is $4.27, suggesting a upside of 100.47% from the current price of $2.13. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Sabre Corp (SABR) Summary page.
