India's benchmark indexes open higher, led by IT
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 05 2025
0mins
Source: Reuters
Market Performance: India's benchmark indexes opened higher, with the Nifty 50 rising 0.27% and the BSE Sensex increasing by 0.29%, driven by gains in information technology stocks and positive sentiment from other Asian markets.
Corporate Developments: Coforge shares surged 5.7% after securing a significant 13-year contract worth $1.56 billion with Sabre Corp, contributing to overall market optimism as investors await insights from U.S. President Trump's address regarding future tariff policies.
Analyst Views on SABR
Wall Street analysts forecast SABR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SABR is 2.85 USD with a low forecast of 2.25 USD and a high forecast of 3.30 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
2 Buy
2 Hold
0 Sell
Moderate Buy
Current: 1.360
Low
2.25
Averages
2.85
High
3.30
Current: 1.360
Low
2.25
Averages
2.85
High
3.30
About SABR
Sabre Corporation is a technology company. The Company enables airlines, hoteliers, agencies and other partners to retail, distribute and fulfill travel worldwide. It serves customers in more than 160 countries globally. Its travel solution is a global business-to-business travel marketplace for travel suppliers and travel buyers, including a broad portfolio of software technology products and solutions for airlines. It offers third-party ground handling check-in and e-ticketing, agency air shopping, agency core services, agency managed commission, airline ancillaries, airline shopping, automated exchange and refund, booking engine, cargo revenue manager, central reservation system, channel connect, custom messaging, digital marketing, direct pay, fleet manager, gift cards and vouchers, and inventory services. The Company also provides agencies with a complete solution for shopping, booking, and fulfilling rail trips.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
