Sabre Insurance Group (LON:SBRE) Insider Acquires £201.60 in Stock

Key Points

• Insider purchase: Geoffrey Richard Carter bought 120 Sabre Insurance Group shares at GBX 168 each, spending £201.60. He also purchased £198.88 worth of shares in August.
• Stock performance: SBRE shares rose to GBX 171, with a 1-year range of GBX 123 to GBX 188.80 and a market capitalization of approximately £412.86 million.
• Analyst outlook: Analysts have a consensus rating of “Moderate Buy” and an average price target of GBX 183, with ratings split between Buy and Hold.

Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Geoffrey Richard Carter purchased 120 shares of Sabre Insurance Group stock in a transaction dated Thursday, September 10th. The shares were acquired at an average cost of GBX 168 per share, for a total transaction of £201.60.

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

• On Monday, August 10th, Geoffrey Richard Carter acquired 113 shares of Sabre Insurance Group stock. The stock was acquired at an average cost of GBX 176 per share, with a total value of £198.88.

Sabre Insurance Group Price Performance

Shares of SBRE stock traded up GBX 2.80 during trading on Friday, reaching GBX 171. The company's stock had a trading volume of 34,023 shares, compared to its average volume of 1,303,385. Sabre Insurance Group plc has a 1-year low of GBX 123 and a 1-year high of GBX 188.80. The stock's 50-day moving average price is GBX 176.99 and its 200 day moving average price is GBX 162.92. The company has a market capitalization of £412.86 million, a price-to-earnings ratio of 11.45, a P/E/G ratio of 4.08 and a beta of 0.07.

Sabre Insurance Group (LON:SBRE - Get Free Report) last released its earnings results 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%. On average, sell-side analysts anticipate that Sabre Insurance Group plc will post 19.083558 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on SBRE shares. Berenberg Bank reissued a "buy" rating and set a GBX 200 target price on shares of Sabre Insurance Group in a research note on Wednesday, August 5th. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a GBX 180 price target on shares of Sabre Insurance Group in a research report on Wednesday, August 5th. Jefferies Financial Group reiterated a "hold" rating and issued a GBX 152 price objective on shares of Sabre Insurance Group in a research note on Tuesday, August 4th. Finally, Peel Hunt reissued an "add" rating and set a GBX 200 price objective on shares of Sabre Insurance Group in a research report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of GBX 183.

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.

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