Sabre Insurance Group (LON:SBRE) Insider Purchases £198.88 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter bought 113 shares of the business’s stock in a transaction on Monday, August 10th. The shares were acquired at an average cost of GBX 176 per share, with a total value of £198.88.

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

• On Wednesday, June 10th, Geoffrey Richard Carter bought 95 shares of Sabre Insurance Group stock. The stock was acquired at an average price of GBX 159 per share, for a total transaction of £151.05.

Sabre Insurance Group Price Performance

Shares of Sabre Insurance Group stock opened at GBX 171 on Friday. Sabre Insurance Group plc has a 52 week low of GBX 123 and a 52 week high of GBX 188.80. The business’s fifty day simple moving average is GBX 175.23 and its 200-day simple moving average is GBX 157.28. The firm has a market cap of £413.88 million, a PE ratio of 11.21, a price-to-earnings-growth ratio of 4.08 and a beta of 0.07.

Sabre Insurance Group (LON:SBRE) last released its quarterly earnings results on Tuesday, August 4th. The company reported GBX 7.33 earnings per share for the quarter. Sabre Insurance Group had a return on equity of 14.67% and a net margin of 16.49%. As a group, equities analysts expect that Sabre Insurance Group plc will post 19.083558 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on SBRE shares. Peel Hunt reiterated an “add” rating and set a GBX 200 price target on shares of Sabre Insurance Group in a research report on Tuesday, August 4th. Jefferies Financial Group restated a “hold” rating and issued a GBX 152 price objective on shares of Sabre Insurance Group in a report on Tuesday, August 4th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 200 price objective on shares of Sabre Insurance Group in a research report on Wednesday, August 5th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 180 target price on shares of Sabre Insurance Group in a report on Wednesday, August 5th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 183.

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.