Sabre Insurance Group (LON:SBRE) Insider Acquires £198.24 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter bought 112 shares of the stock in a transaction dated Monday, October 12th. The stock was bought at an average price of GBX 177 per share, with a total value of £198.24.

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

• On Thursday, September 17th, Geoffrey Richard Carter sold 9,330 shares of Sabre Insurance Group stock. The shares were sold at an average price of GBX 176, for a total transaction of £16,420.80.
• On Thursday, September 10th, Geoffrey Richard Carter bought 120 shares of Sabre Insurance Group stock. The stock was bought at an average cost of GBX 168 per share, for a total transaction of £201.60.
• On Monday, August 10th, Geoffrey Richard Carter purchased 113 shares of Sabre Insurance Group stock. The shares were bought at an average price of GBX 176 per share, for a total transaction of £198.88.

Sabre Insurance Group Price Performance

LON SBRE opened at GBX 180.60 on Friday. The company has a fifty day moving average of GBX 172.80 and a two-hundred day moving average of GBX 167.87. Sabre Insurance Group plc has a 1 year low of GBX 123 and a 1 year high of GBX 188.80. The company has a market capitalization of £436.04 million, a PE ratio of 12.10, a P/E/G ratio of 4.08 and a beta of 0.07.

Sabre Insurance Group (LON:SBRE) last posted its 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%. On average, research analysts expect that Sabre Insurance Group plc will post 19.08 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have issued reports on SBRE. Berenberg Bank raised their price objective on shares of Sabre Insurance Group from GBX 200 to GBX 205 and gave the stock a “buy” rating in a research report on Wednesday, September 30th. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 180 price target on shares of Sabre Insurance Group in a research report on Wednesday, August 5th. Peel Hunt reaffirmed an “add” rating and set a GBX 200 price objective on shares of Sabre Insurance Group in a research note on Tuesday, August 4th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 152 price objective on shares of Sabre Insurance Group in a research note on Tuesday, August 4th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 184.25.

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.