Sabre Insurance Group (LON:SBRE) Insider Purchases 112 Shares of Company Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter purchased 112 shares of Sabre Insurance Group stock in a transaction on Monday, October 12th. The shares were acquired at an average price of GBX 177 per share, for a total transaction of £198.24.

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

• On Thursday, September 17th, Geoffrey Richard Carter sold 9,330 shares of Sabre Insurance Group stock. The stock was sold at an average price of GBX 176, for a total transaction of £16,420.80.
• On Thursday, September 10th, Geoffrey Richard Carter acquired 120 shares of Sabre Insurance Group stock. The stock was bought at an average price of GBX 168 per share, for a total transaction of £201.60.
• On Monday, August 10th, Geoffrey Richard Carter acquired 113 shares of Sabre Insurance Group stock. The stock was bought at an average price of GBX 176 per share, with a total value of £198.88.

Sabre Insurance Group Price Performance

SBRE traded up GBX 4.80 during trading on Tuesday, hitting GBX 181.60. 640,534 shares of the stock traded hands, compared to its average volume of 1,227,899. The firm has a 50-day moving average of GBX 172.45 and a 200 day moving average of GBX 167.37. The firm has a market capitalization of £438.45 million, a P/E ratio of 12.16, a price-to-earnings-growth ratio of 4.08 and a beta of 0.07. Sabre Insurance Group plc has a 12-month low of GBX 123 and a 12-month high of GBX 188.80.

Sabre Insurance Group (LON:SBRE) last issued 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 net margin of 16.49% and a return on equity of 14.67%. As a group, equities analysts predict that Sabre Insurance Group plc will post 19.08 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Berenberg Bank boosted their price target on Sabre Insurance Group from GBX 200 to GBX 205 and gave the stock a “buy” rating in a research report on Wednesday, September 30th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 152 target price on shares of Sabre Insurance Group in a research report on Tuesday, August 4th. Peel Hunt reaffirmed an “add” rating and issued a GBX 200 target price on shares of Sabre Insurance Group in a report on Tuesday, August 4th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 180 price objective on shares of Sabre Insurance Group in a report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Sabre Insurance Group has an average rating of “Moderate Buy” and a consensus target price of GBX 184.25.

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.