Jefferies Financial Group Reaffirms “Hold” Rating for Sabre Insurance Group (LON:SBRE)

Sabre Insurance Group (LON:SBRE)‘s stock had its “hold” rating reaffirmed by analysts at Jefferies Financial Group in a research report issued on Tuesday,Digital Look reports. They presently have a GBX 152 target price on the stock. Jefferies Financial Group’s target price would suggest a potential downside of 14.03% from the company’s previous close.

Other equities analysts have also issued research reports about the company. Berenberg Bank lifted their price target on Sabre Insurance Group from GBX 185 to GBX 195 and gave the company a “buy” rating in a research note on Thursday, May 21st. Royal Bank Of Canada raised their price objective on Sabre Insurance Group from GBX 160 to GBX 180 and gave the company a “sector perform” rating in a report on Friday, July 3rd. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 180.50.

Sabre Insurance Group Stock Performance

SBRE opened at GBX 176.80 on Tuesday. The company has a fifty day moving average of GBX 171.99 and a two-hundred day moving average of GBX 154.90. The stock has a market capitalization of £429.99 million, a price-to-earnings ratio of 11.59, a PEG ratio of 4.08 and a beta of 0.07. Sabre Insurance Group has a fifty-two week low of GBX 123 and a fifty-two week high of GBX 188.80.

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.