Sabre Insurance Group (LON:SBRE) Stock Rating Reaffirmed as “Hold” by Jefferies Financial Group

Sabre Insurance Group (LON:SBRE)‘s stock had its “hold” rating reissued by stock analysts at Jefferies Financial Group in a report issued on Wednesday, Marketbeat reports. They currently have a GBX 172 target price on the stock. Jefferies Financial Group’s price target points to a potential upside of 2.81% from the company’s previous close.

A number of other analysts have also recently weighed in on SBRE. Berenberg Bank reissued a “buy” rating and issued a GBX 205 price objective on shares of Sabre Insurance Group in a research report on Tuesday. Peel Hunt reaffirmed an “add” rating and issued a GBX 200 price objective on shares of Sabre Insurance Group in a research report on Tuesday, August 4th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 180 price objective on shares of Sabre Insurance Group in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Sabre Insurance Group presently has an average rating of “Moderate Buy” and an average price target of GBX 189.25.

Sabre Insurance Group Price Performance

Shares of LON:SBRE traded up GBX 1.30 on Wednesday, hitting GBX 167.30. 25,826,104 shares of the company’s stock were exchanged, compared to its average volume of 1,342,741. Sabre Insurance Group 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 173.03 and its two-hundred day simple moving average is GBX 168.34. The stock has a market capitalization of £403.92 million, a price-to-earnings 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 announced its quarterly earnings data on Tuesday, August 4th. The company reported GBX 7.33 earnings per share (EPS) for the quarter. Sabre Insurance Group had a return on equity of 14.67% and a net margin of 16.49%. Equities analysts forecast that Sabre Insurance Group will post 19.08 EPS for the current fiscal year.

Insider Activity

In other Sabre Insurance Group news, insider Adam Richard Westwood sold 10,976 shares of the stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of GBX 177, for a total value of £19,427.52. Also, insider Geoffrey Richard Carter sold 9,330 shares of Sabre Insurance Group stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of GBX 176, for a total value of £16,420.80. In the last quarter, insiders bought 345 shares of company stock worth $59,872. Company insiders own 1.49% of the company’s stock.

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.