Key Points
- Insider buying: Geoffrey Richard Carter purchased 156 shares on Nov. 11 at GBX 129 and has made several prior purchases this year (112 on Oct. 10, 250 on Sept. 24, 109 on Sept. 10), indicating repeated insider accumulation.
- Sabre shares opened at GBX 125.60 (down ~1.4%), trading below both the 50‑day (GBX 135.64) and 200‑day (GBX 139.73) averages with a market cap of £307.26m and a P/E of 7.91. Analysts are mixed: the consensus is a Moderate Buy with an average target of GBX 157.50, but several firms recently cut targets and RBC downgraded to "sector perform."
Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Geoffrey Richard Carter acquired 156 shares of Sabre Insurance Group stock in a transaction that occurred on Tuesday, November 11th. The stock was purchased at an average cost of GBX 129 per share, with a total value of £201.24.
Geoffrey Richard Carter also recently made the following trade(s):
- On Friday, October 10th, Geoffrey Richard Carter acquired 112 shares of Sabre Insurance Group stock. The stock was purchased at an average price of GBX 134 per share, for a total transaction of £150.08.
- On Wednesday, September 24th, Geoffrey Richard Carter bought 250 shares of Sabre Insurance Group stock. The shares were acquired at an average cost of GBX 142 per share, for a total transaction of £355.
- On Wednesday, September 10th, Geoffrey Richard Carter bought 109 shares of Sabre Insurance Group stock. The shares were acquired at an average cost of GBX 135 per share, with a total value of £147.15.
Sabre Insurance Group Stock Down 1.4%
Shares of LON SBRE opened at GBX 125.60 on Wednesday. The firm has a 50-day simple moving average of GBX 135.64 and a 200-day simple moving average of GBX 139.73. The stock has a market capitalization of £307.26 million, a price-to-earnings ratio of 7.91, a price-to-earnings-growth ratio of 4.08 and a beta of 0.22. Sabre Insurance Group plc has a 52 week low of GBX 118.60 and a 52 week high of GBX 160.20.
Wall Street Analyst Weigh In
A number of equities research analysts have commented on SBRE shares. Berenberg Bank reduced their target price on Sabre Insurance Group from GBX 200 to GBX 190 and set a "buy" rating on the stock in a research report on Thursday, October 16th. Royal Bank Of Canada downgraded shares of Sabre Insurance Group to a "sector perform" rating and lowered their target price for the stock from GBX 170 to GBX 135 in a research note on Friday, November 7th. Peel Hunt restated a "buy" rating and set a GBX 195 price objective on shares of Sabre Insurance Group in a research report on Thursday, October 16th. Finally, Jefferies Financial Group cut their target price on Sabre Insurance Group from GBX 116 to GBX 110 and set a "buy" rating on the stock in a research report on Friday, October 17th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of GBX 157.50.
Get Our Latest Analysis on Sabre Insurance Group
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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