Geoffrey Richard Carter Purchases 112 Shares of Sabre Insurance Group (LON:SBRE) Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter purchased 112 shares of the firm’s stock in a transaction that occurred on Monday, January 12th. The shares were bought at an average price of GBX 134 per share, for a total transaction of £150.08.

Geoffrey Richard Carter also recently made the following trade(s):

• On Wednesday, December 10th, Geoffrey Richard Carter acquired 119 shares of Sabre Insurance Group stock. The shares were purchased at an average cost of GBX 126 per share, with a total value of £149.94.
• On Tuesday, November 11th, Geoffrey Richard Carter bought 156 shares of Sabre Insurance Group stock. The stock was purchased at an average cost of GBX 129 per share, for a total transaction of £201.24.

Sabre Insurance Group Price Performance

Shares of Sabre Insurance Group stock traded down GBX 0.60 during trading on Tuesday, hitting GBX 130.60. The stock had a trading volume of 74,427 shares, compared to its average volume of 333,368. Sabre Insurance Group plc has a 12 month low of GBX 118.60 and a 12 month high of GBX 160.20. The firm’s fifty day simple moving average is GBX 128.19 and its 200-day simple moving average is GBX 137.75. The stock has a market cap of £319.50 million, a PE ratio of 8.22, a PEG ratio of 4.08 and a beta of 0.22.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on SBRE shares. Jefferies Financial Group cut their target price on Sabre Insurance Group from GBX 116 to GBX 110 and set a “buy” rating on the stock in a research note on Friday, October 17th. Peel Hunt restated a “buy” rating and set a GBX 195 price objective on shares of Sabre Insurance Group in a report on Thursday, October 16th. Berenberg Bank cut their price objective on Sabre Insurance Group from GBX 200 to GBX 190 and set a “buy” rating on the stock in a research report on Thursday, October 16th. Finally, Royal Bank Of Canada downgraded Sabre Insurance Group to a “sector perform” rating and decreased their target price for the stock from GBX 170 to GBX 135 in a research report on Friday, November 7th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 157.50.

About Sabre Insurance Group

Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles in the United Kingdom. It offers taxi, private car, and motorcycle insurance through a network of insurance brokers, as well as through its Go Girl and Insure 2 Drive brands. The company was founded in 1982 and is based in Dorking, the United Kingdom.