Sabre Insurance Group (LON:SBRE) Issues Earnings Results

Sabre Insurance Group (LON:SBRE) released its earnings results on Tuesday. The company reported GBX 14.48 ($0.19) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Sabre Insurance Group had a net margin of 12.82% and a return on equity of 12.19%.

Sabre Insurance Group Trading Up 6.6 %

Shares of SBRE opened at GBX 132.22 ($1.72) on Tuesday. Sabre Insurance Group has a twelve month low of GBX 123 ($1.60) and a twelve month high of GBX 183.60 ($2.38). The firm’s fifty day simple moving average is GBX 130.93 and its 200-day simple moving average is GBX 136.38. The firm has a market capitalization of £329.44 million, a price-to-earnings ratio of 11.16, a PEG ratio of 4.08 and a beta of 0.22.

Analyst Ratings Changes

Separately, Berenberg Bank reduced their target price on shares of Sabre Insurance Group from GBX 213 ($2.77) to GBX 210 ($2.73) and set a “buy” rating on the stock in a report on Monday, March 10th.

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.