Sabre Insurance Group (LON:SBRE) Hits New 1-Year High – What’s Next?

Shares of Sabre Insurance Group plc (LON:SBRE) reached a new 52-week high on Tuesday . The company traded as high as GBX 165 and last traded at GBX 164.60, with a volume of 777405 shares trading hands. The stock had previously closed at GBX 156.60.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 185 price target on shares of Sabre Insurance Group in a research report on Tuesday, March 10th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 156.25.

Sabre Insurance Group Trading Down 0.6%

The firm’s fifty day moving average price is GBX 134.71 and its 200-day moving average price is GBX 133.18. The company has a market cap of £398.76 million, a price-to-earnings ratio of 10.26, a price-to-earnings-growth ratio of 4.08 and a beta of 0.07.

Sabre Insurance Group (LON:SBRE) last issued its quarterly earnings data on Tuesday, March 10th. The company reported GBX 15.37 EPS for the quarter. Sabre Insurance Group had a return on equity of 11.29% and a net margin of 17.48%. As a group, research analysts anticipate that Sabre Insurance Group plc will post 19.083558 EPS for the current year.

Sabre Insurance Group Company Profile

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.