Sabre Insurance Group (LON:SBRE) Insider Acquires £201.60 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter bought 120 shares of the company’s stock in a transaction dated Thursday, September 10th. The shares were purchased at an average price of GBX 168 per share, with a total value of £201.60.

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

• On Monday, August 10th, Geoffrey Richard Carter purchased 113 shares of Sabre Insurance Group stock. The shares were purchased at an average cost of GBX 176 per share, for a total transaction of £198.88.

Sabre Insurance Group Stock Up 1.2%

Sabre Insurance Group stock opened at GBX 170.20 on Monday. The stock has a market cap of £410.93 million, a price-to-earnings ratio of 11.40, a P/E/G ratio of 4.08 and a beta of 0.07. Sabre Insurance Group plc has a 12-month low of GBX 123 and a 12-month high of GBX 188.80. The business’s 50-day simple moving average is GBX 176.72 and its 200 day simple moving average is GBX 163.17.

Sabre Insurance Group (LON:SBRE) last announced its quarterly earnings data 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, sell-side analysts expect that Sabre Insurance Group plc will post 19.083558 EPS for the current year.

Analysts Set New Price Targets

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