Numis Securities assumed coverage on shares of Sabre Insurance Group (LON:SBRE) in a research note issued to investors on Tuesday morning. The firm issued a buy rating and a GBX 340 ($4.61) price target on the stock.

A number of other research firms have also weighed in on SBRE. Barclays initiated coverage on Sabre Insurance Group in a report on Tuesday. They issued an overweight rating and a GBX 312 ($4.23) target price on the stock. Berenberg Bank initiated coverage on Sabre Insurance Group in a report on Tuesday. They issued a buy rating and a GBX 320 ($4.34) target price on the stock. Finally, Peel Hunt initiated coverage on Sabre Insurance Group in a report on Tuesday. They issued an add rating and a GBX 315 ($4.27) target price on the stock.

Sabre Insurance Group (SBRE) traded down GBX 3 ($0.04) during mid-day trading on Tuesday, hitting GBX 279 ($3.78). The stock had a trading volume of 108,729 shares, compared to its average volume of 467,317. Sabre Insurance Group has a 52 week low of GBX 238 ($3.23) and a 52 week high of GBX 296 ($4.01). The company has a market capitalization of $705.00 and a price-to-earnings ratio of 1,395.00.

WARNING: This piece of content was first reported by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of international trademark and copyright laws. The legal version of this piece of content can be accessed at https://www.watchlistnews.com/sabre-insurance-group-sbre-coverage-initiated-at-numis-securities/1811184.html.

About Sabre Insurance Group

Sabre Insurance Group plc is a United Kingdom-based provider of motor insurance company. The Company underwrites motor insurance including private cars, taxis, and commercial vehicles through intermediaries. The Company’s three direct brands include Go Girl, Insure2Drive and Drive Smart. Go Girl policy provides up to �1,500 cover (per policy period) in the event that policy holder home, office or vehicle keys or locks are damaged, stolen or lost.

Receive News & Ratings for Sabre Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sabre Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.