Geoffrey Richard Carter Acquires 109 Shares of Sabre Insurance Group (LON:SBRE) Stock

Key Points

• Geoffrey Richard Carter, an insider at Sabre Insurance Group, recently purchased 109 shares at an average price of GBX 135 per share, adding to previous purchases of 99 and 101 shares in August and July respectively.
• Sabre Insurance Group's stock performance shows a market cap of £331.56 million and a PE ratio of 850.13, with the stock trading at GBX 135 as of Thursday.
• Recent analyst activity includes Royal Bank Of Canada raising its price target to GBX 170 and Berenberg Bank giving a "buy" rating with a target of GBX 200, suggesting a consensus rating of "Buy" for the stock.

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Geoffrey Richard Carter bought 109 shares of Sabre Insurance Group stock in a transaction on Wednesday, September 10th. The stock was acquired at an average price of GBX 135 per share, for a total transaction of £147.15.

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

• On Monday, August 11th, Geoffrey Richard Carter purchased 99 shares of Sabre Insurance Group stock. The shares were purchased at an average cost of GBX 151 per share, for a total transaction of £149.49.
• On Thursday, July 10th, Geoffrey Richard Carter bought 101 shares of Sabre Insurance Group stock. The shares were purchased at an average cost of GBX 149 per share, with a total value of £150.49.

Sabre Insurance Group Price Performance

LON:SBRE traded up GBX 0.20 during trading hours on Thursday, reaching GBX 135. The company had a trading volume of 345,825 shares, compared to its average volume of 598,598. The firm has a market cap of £331.56 million, a PE ratio of 850.13, a price-to-earnings-growth ratio of 4.08 and a beta of 0.22. The business's 50 day moving average price is GBX 147.71 and its 200-day moving average price is GBX 137.17. Sabre Insurance Group plc has a 1-year low of GBX 118.60 and a 1-year high of GBX 160.20.

Sabre Insurance Group (LON:SBRE - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported GBX 7.64 EPS for the quarter. Sabre Insurance Group had a return on equity of 12.19% and a net margin of 12.82%. On average, analysts expect that Sabre Insurance Group plc will post 19.083558 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SBRE has been the subject of several recent analyst reports. Royal Bank Of Canada raised their price target on Sabre Insurance Group from GBX 160 to GBX 170 and gave the company an "outperform" rating in a report on Friday, August 1st. Berenberg Bank restated a "buy" rating and set a GBX 200 price objective on shares of Sabre Insurance Group in a research note on Wednesday, September 3rd. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of GBX 185.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.