Sabre Insurance Group (LON:SBRE) Insider Purchases £150.80 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter bought 116 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The stock was purchased at an average cost of GBX 130 per share, with a total value of £150.80.

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

• On Monday, January 12th, Geoffrey Richard Carter bought 112 shares of Sabre Insurance Group stock. The shares were purchased at an average price of GBX 134 per share, for a total transaction of £150.08.
• On Wednesday, December 10th, Geoffrey Richard Carter purchased 119 shares of Sabre Insurance Group stock. The shares were purchased at an average cost of GBX 126 per share, for a total transaction of £149.94.

Sabre Insurance Group Trading Up 0.4%

Shares of SBRE traded up GBX 0.58 during midday trading on Wednesday, reaching GBX 129.98. The stock had a trading volume of 828,954 shares, compared to its average volume of 939,092. The firm has a market cap of £317.98 million, a PE ratio of 8.19, a P/E/G ratio of 4.08 and a beta of 0.22. The firm has a 50 day simple moving average of GBX 129.51 and a 200-day simple moving average of GBX 135.04. Sabre Insurance Group plc has a one year low of GBX 118.60 and a one year high of GBX 160.20.

Analyst Upgrades and Downgrades

SBRE has been the topic of a number of research analyst reports. Berenberg Bank dropped their price target on Sabre Insurance Group from GBX 200 to GBX 190 and set a “buy” rating on the stock in a research note on Thursday, October 16th. Jefferies Financial Group cut their target price on shares of Sabre Insurance Group from GBX 116 to GBX 110 and set a “buy” rating for the company in a research note on Friday, October 17th. Peel Hunt reiterated a “buy” rating and issued a GBX 195 price target on shares of Sabre Insurance Group in a research note on Thursday, October 16th. Finally, Royal Bank Of Canada cut shares of Sabre Insurance Group to a “sector perform” rating and lowered their price target for the company from GBX 170 to GBX 135 in a report on Friday, November 7th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Sabre Insurance Group presently has a consensus rating of “Moderate Buy” and an average price target of GBX 157.50.

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.