Sabre Insurance Group’s (SBRE) “Add” Rating Reiterated at Peel Hunt

Peel Hunt reissued their add rating on shares of Sabre Insurance Group (LON:SBRE) in a report issued on Tuesday morning,Digital Look reports. They currently have a GBX 200 target price on the stock.

SBRE has been the subject of a number of other reports. Royal Bank Of Canada lifted their price objective on Sabre Insurance Group from GBX 160 to GBX 180 and gave the company a “sector perform” rating in a research note on Friday, July 3rd. Jefferies Financial Group restated a “hold” rating and set a GBX 152 target price on shares of Sabre Insurance Group in a report on Tuesday. Finally, Berenberg Bank lifted their target price on Sabre Insurance Group from GBX 185 to GBX 195 and gave the company a “buy” rating in a research report on Thursday, May 21st. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 183.

Sabre Insurance Group Stock Down 0.6%

LON:SBRE opened at GBX 173.40 on Tuesday. Sabre Insurance Group has a 52 week low of GBX 123 and a 52 week high of GBX 188.80. The company has a market capitalization of £421.72 million, a P/E ratio of 11.36, a P/E/G ratio of 4.08 and a beta of 0.07. The stock’s fifty day moving average is GBX 173.14 and its two-hundred day moving average is GBX 155.81.

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

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.