Insider Buying: Sabre Insurance Group (LON:SBRE) Insider Buys £198.88 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter acquired 113 shares of the stock in a transaction on Monday, August 10th. The stock was bought at an average price of GBX 176 per share, with a total value of £198.88.

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

• On Wednesday, June 10th, Geoffrey Richard Carter bought 95 shares of Sabre Insurance Group stock. The stock was bought at an average cost of GBX 159 per share, with a total value of £151.05.

Sabre Insurance Group Price Performance

Shares of SBRE stock traded down GBX 2.10 during trading hours on Tuesday, reaching GBX 172.50. 78,128 shares of the company were exchanged, compared to its average volume of 1,313,336. Sabre Insurance Group plc has a fifty-two week low of GBX 123 and a fifty-two week high of GBX 188.80. The stock’s fifty day moving average is GBX 174.11 and its two-hundred day moving average is GBX 156.42. The company has a market cap of £417.51 million, a price-to-earnings ratio of 11.30, a P/E/G ratio of 4.08 and a beta of 0.07.

Sabre Insurance Group (LON:SBRE) last issued its quarterly earnings results on Tuesday, August 4th. The company reported GBX 7.33 earnings per share for the quarter. Sabre Insurance Group had a net margin of 16.49% and a return on equity of 14.67%. On average, research analysts anticipate that Sabre Insurance Group plc will post 19.083558 earnings per share for the current year.

Analyst Ratings Changes

SBRE has been the subject of several research reports. Jefferies Financial Group reissued a “hold” rating and issued a GBX 152 target price on shares of Sabre Insurance Group in a research note on Tuesday, August 4th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 200 price target on shares of Sabre Insurance Group in a research note on Wednesday, August 5th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 180 price target on shares of Sabre Insurance Group in a report on Wednesday, August 5th. Finally, Peel Hunt reiterated an “add” rating and issued a GBX 200 price objective on shares of Sabre Insurance Group in a research report on Tuesday, August 4th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 183.

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.