Sabre Corp’s Stock Surges Past Analyst Target: What This Means for Investors
In the latest trading session, shares of Sabre Corp (Symbol: SABR) rose above the average analyst 12-month target price of $3.80, currently trading at $4.15 per share. When a stock surpasses an analyst’s target, that analyst typically faces a choice: they might downgrade their valuation or raise the target price. Analysts’ reactions can also depend on positive developments within the company that might justify a higher price point.
Five analysts contribute to the average target for Sabre Corp, which is just a numerical average. Each analyst has different expectations; for instance, one has a target price set as low as $3.00, while another one is optimistic with a target of $4.50. The standard deviation among these targets is $0.57.
The purpose of looking at the average SABR price target is to harness the “wisdom of crowds.” This approach combines insights from various experts to arrive at a more balanced estimate than any single analyst’s opinion might provide. With SABR’s recent surge above the $3.80 average price target, investors have a moment to reconsider the company’s prospects. They must weigh whether the $3.80 mark is merely a stepping stone toward even higher targets or if the stock has become overvalued, prompting some to consider selling their holdings. Below is the current breakdown of analyst ratings for Sabre Corp:
Recent SABR Analyst Ratings Breakdown | ||||
---|---|---|---|---|
» | Current | 1 Month Ago | 2 Months Ago | 3 Months Ago |
Strong buy ratings: | 0 | 0 | 1 | 1 |
Buy ratings: | 0 | 0 | 0 | 0 |
Hold ratings: | 5 | 5 | 4 | 4 |
Sell ratings: | 0 | 0 | 0 | 0 |
Strong sell ratings: | 1 | 1 | 1 | 1 |
Average rating: | 3.33 | 3.33 | 3.0 | 3.0 |
The average rating on the table above ranges from 1 to 5, with 1 indicating Strong Buy and 5 indicating Strong Sell. This article utilized data provided by Zacks Investment Research via Quandl.com. For the latest Zacks research report on SABR, click here — FREE.
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.