Sabre Insurance Group (LON:SBRE - Get Free Report)'s stock had its "buy" rating reissued by equities researchers at Berenberg Bank in a research report issued on Thursday,London Stock Exchange reports. They presently have a GBX 200 ($2.65) target price on the stock. Berenberg Bank's price objective points to a potential upside of 30.89% from the company's previous close.
Sabre Insurance Group Trading Up 3.1%
Shares of SBRE traded up GBX 4.60 ($0.06) during midday trading on Thursday, hitting GBX 152.80 ($2.03). The stock had a trading volume of 485,441 shares, compared to its average volume of 619,805. Sabre Insurance Group has a fifty-two week low of GBX 118.60 ($1.57) and a fifty-two week high of GBX 167 ($2.21). The business has a 50-day simple moving average of GBX 142.21 and a two-hundred day simple moving average of GBX 134.09. The firm has a market cap of £380.72 million, a P/E ratio of 12.89, a price-to-earnings-growth ratio of 4.08 and a beta of 0.22.
Sabre Insurance Group (LON:SBRE - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported GBX 7.64 ($0.10) EPS for the quarter. Sabre Insurance Group had a net margin of 12.82% and a return on equity of 12.19%. On average, analysts expect that Sabre Insurance Group will post 19.083558 earnings per share for the current fiscal year.
Sabre Insurance Group Company Profile
(
Get Free Report)
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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