Report
Dan Wasiolek
EUR 100.00 For Business Accounts Only

Sabre's evolving technology supports its network, efficient scale, and switching cost advantages.

Sabre’s investor day reinforced our view that the firm continues to take steps to improve its technology, supported by an executive team with experience in revitalizing platforms at other companies, within an industry that is in a structurally stronger position than some investors may appreciate. Despite the recent outperformance, Sabre shares still trade at a discount to our unchanged $26 fair value estimate, giving investors an opportunity to travel with a company that has intact network, effi...
Underlying
Sabre Corp.

Sabre is a technology solutions provider to the travel and tourism industry. The company operates through three business segments: Travel Network, which consists primarily of its global distribution system (GDS) and a range of solutions that integrate with its GDS; Airline Solutions, which provides a portfolio of software technology products and solutions, through software-as-a-service (SaaS) and hosted delivery model, to airlines and other travel suppliers and provides software solutions; and Hospitality Solutions, which provides software and solutions, through SaaS and hosted delivery model, to hoteliers around the world.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Dan Wasiolek

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