Sabre Insurance Group (LON:SBRE) had its target price raised by Barclays from GBX 277 ($3.62) to GBX 278 ($3.63) in a research report released on Wednesday morning, Stock Target Advisor reports. The brokerage currently has an equal weight rating on the stock.
A number of other equities research analysts have also recently issued reports on SBRE. Peel Hunt reissued a buy rating and issued a GBX 300 ($3.92) target price on shares of Sabre Insurance Group in a research report on Thursday, October 10th. Peel Hunt reaffirmed an add rating on shares of Sabre Insurance Group in a research report on Tuesday, November 19th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Sabre Insurance Group has an average rating of Hold and an average price target of GBX 295.60 ($3.86).
SBRE stock traded down GBX 0.50 ($0.01) during trading hours on Wednesday, hitting GBX 296 ($3.87). 182,308 shares of the stock were exchanged, compared to its average volume of 249,083. The company has a current ratio of 1.25, a quick ratio of 1.03 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $740.00 million and a P/E ratio of 15.34. The company has a 50-day simple moving average of GBX 294.86 and a two-hundred day simple moving average of GBX 278.09. Sabre Insurance Group has a 12 month low of GBX 252 ($3.29) and a 12 month high of GBX 312 ($4.08).
Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles in the United Kingdom. The company offers its products through a network of insurance brokers, as well as through its own direct brands, including the Go Girl, Insure 2 Drive, and Drive Smart.
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