Key Points
- Insider transaction: Geoffrey Richard Carter sold 9,330 Sabre Insurance Group shares at GBX 176 each, generating proceeds of approximately £16,421. He had recently purchased smaller amounts of shares in August and September.
- Stock performance: Sabre shares were trading at GBX 176.87, up 1.4%, with a market capitalization of about £427 million. The stock’s 12-month range is GBX 123 to GBX 188.80.
- Analyst outlook: Analyst coverage is mixed but leans positive, with two Buy and two Hold ratings and a consensus price target of GBX 183. Targets range from GBX 152 to GBX 200.
Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Geoffrey Richard Carter sold 9,330 shares of the stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of GBX 176, for a total transaction of £16,420.80.
Geoffrey Richard Carter also recently made the following trade(s):
- On Thursday, September 10th, Geoffrey Richard Carter bought 120 shares of Sabre Insurance Group stock. The stock was bought at an average price of GBX 168 per share, for a total transaction of £201.60.
- On Monday, August 10th, Geoffrey Richard Carter bought 113 shares of Sabre Insurance Group stock. The stock was bought at an average price of GBX 176 per share, for a total transaction of £198.88.
Sabre Insurance Group Trading Up 1.4%
LON:SBRE opened at GBX 176.87 on Friday. The company has a market cap of £427.03 million, a PE ratio of 11.85, a price-to-earnings-growth ratio of 4.08 and a beta of 0.07. The company has a 50 day simple moving average of GBX 176.12 and a two-hundred day simple moving average of GBX 164.23. Sabre Insurance Group plc has a 12 month low of GBX 123 and a 12 month high of GBX 188.80.
Sabre Insurance Group (LON:SBRE - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported GBX 7.33 earnings per share for the quarter. Sabre Insurance Group had a return on equity of 14.67% and a net margin of 16.49%. Research analysts forecast that Sabre Insurance Group plc will post 19.083558 earnings per share for the current year.
Analysts Set New Price Targets
SBRE has been the topic of a number of recent research reports. Berenberg Bank reissued a "buy" rating and issued a GBX 200 target price on shares of Sabre Insurance Group in a report on Wednesday, August 5th. Peel Hunt restated an "add" rating and set a GBX 200 price target on shares of Sabre Insurance Group in a research note on Tuesday, August 4th. Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 152 price target on shares of Sabre Insurance Group in a research report on Tuesday, August 4th. Finally, Royal Bank Of Canada reiterated a "sector perform" rating and issued a GBX 180 price objective on shares of Sabre Insurance Group in a research note on Wednesday, August 5th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of GBX 183.
Get Our Latest Report on SBRE
About Sabre Insurance Group
(
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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