Sabre Insurance Group (LON:SBRE) Insider Adam Richard Westwood Sells 10,976 Shares of Stock

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

Sabre Insurance Group Trading Up 1.5%

Shares of Sabre Insurance Group stock opened at GBX 177 on Thursday. The firm’s 50 day moving average is GBX 176.23 and its 200 day moving average is GBX 163.95. The firm has a market capitalization of £427.34 million, a PE ratio of 11.86, a price-to-earnings-growth ratio of 4.08 and a beta of 0.07. Sabre Insurance Group plc has a 1 year low of GBX 123 and a 1 year high of GBX 188.80.

Sabre Insurance Group (LON:SBRE) last issued its 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%. As a group, research analysts anticipate that Sabre Insurance Group plc will post 19.083558 earnings per share for the current year.

Wall Street Analyst Weigh In

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