Sabre Insurance Group (LON:SBRE - Get Free Report) had its target price cut by stock analysts at Berenberg Bank from GBX 202 ($2.71) to GBX 200 ($2.68) in a note issued to investors on Wednesday, MarketBeat Ratings reports. The firm currently has a "buy" rating on the stock. Berenberg Bank's price objective would indicate a potential upside of 33.33% from the company's previous close.
Sabre Insurance Group Stock Performance
Shares of LON SBRE remained flat at GBX 150 ($2.01) during midday trading on Wednesday. The stock had a trading volume of 235,366 shares, compared to its average volume of 637,400. Sabre Insurance Group has a 12 month low of GBX 118.60 ($1.59) and a 12 month high of GBX 167 ($2.24). The company's 50 day simple moving average is GBX 140.19 and its two-hundred day simple moving average is GBX 133.46. The company has a market cap of £373.74 million, a PE ratio of 12.66, a PEG ratio of 4.08 and a beta of 0.22.
About Sabre Insurance Group
(
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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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