Insider Selling: Sabre Insurance Group (LON:SBRE) Insider Sells £19,427.52 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Adam Richard Westwood sold 10,976 shares of the company’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of GBX 177, for a total value of £19,427.52.

Sabre Insurance Group Stock Down 2.2%

Shares of LON:SBRE opened at GBX 172.83 on Friday. The company has a market capitalization of £417.28 million, a price-to-earnings ratio of 11.58, a price-to-earnings-growth ratio of 4.08 and a beta of 0.07. The company has a 50 day moving average of GBX 175.95 and a two-hundred day moving average of GBX 164.29. Sabre Insurance Group plc has a 52-week low of GBX 123 and a 52-week high of GBX 188.80.

Sabre Insurance Group (LON:SBRE) last released 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%. On average, equities analysts anticipate that Sabre Insurance Group plc will post 19.083558 earnings per share for the current year.

Wall Street Analyst Weigh In

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