Sabre Insurance Group (LON:SBRE) Insider Purchases £200.48 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter acquired 112 shares of the company’s stock in a transaction dated Tuesday, November 10th. The shares were purchased at an average price of GBX 179 per share, with a total value of £200.48.

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

• On Monday, October 12th, Geoffrey Richard Carter bought 112 shares of Sabre Insurance Group stock. The stock was purchased at an average cost of GBX 177 per share, for a total transaction of £198.24.
• 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 value of £16,420.80.
• On Thursday, September 10th, Geoffrey Richard Carter purchased 120 shares of Sabre Insurance Group stock. The shares were purchased at an average cost of GBX 168 per share, with a total value of £201.60.

Sabre Insurance Group Trading Up 1.0%

SBRE stock opened at GBX 181.73 on Friday. The stock has a 50-day moving average price of GBX 174 and a two-hundred day moving average price of GBX 162.74. Sabre Insurance Group plc has a 12-month low of GBX 123 and a 12-month high of GBX 188.80. The company has a market cap of £438.76 million, a PE ratio of 12.17, a price-to-earnings-growth ratio of 4.08 and a beta of 0.07.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on SBRE. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 172 price objective on shares of Sabre Insurance Group in a research note on Wednesday, October 21st. Berenberg Bank reissued a “buy” rating and set a GBX 205 target price on shares of Sabre Insurance Group in a research report on Tuesday, October 20th. Peel Hunt restated an “add” rating and issued a GBX 200 price target on shares of Sabre Insurance Group in a report on Tuesday, August 4th. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 180 price target on shares of Sabre Insurance Group in a report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sabre Insurance Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 189.25.

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.