Sabre Insurance Group (LON:SBRE) Insider Purchases £150.08 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter bought 112 shares of the stock in a transaction that occurred on Monday, January 12th. The shares were purchased 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 purchased 119 shares of Sabre Insurance Group stock. The stock was acquired at an average price of GBX 126 per share, with a total value of £149.94.
• On Tuesday, November 11th, Geoffrey Richard Carter acquired 156 shares of Sabre Insurance Group stock. The stock was acquired at an average price of GBX 129 per share, for a total transaction of £201.24.

Sabre Insurance Group Price Performance

Shares of LON:SBRE traded down GBX 0.60 during trading on Tuesday, hitting GBX 130.60. 74,427 shares of the company’s stock were exchanged, compared to its average volume of 333,368. The business’s 50-day simple moving average is GBX 128.19 and its 200 day simple moving average is GBX 137.75. The company has a market cap of £319.50 million, a price-to-earnings ratio of 8.22, a PEG ratio of 4.08 and a beta of 0.22. Sabre Insurance Group plc has a 52-week low of GBX 118.60 and a 52-week high of GBX 160.20.

Analyst Ratings Changes

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

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.