Key Points
- Insider purchase: Geoffrey Richard Carter bought 112 Sabre Insurance Group shares at GBX 177 each, worth £198.24. He previously sold 9,330 shares in September and made smaller purchases in August and September.
- Stock performance: Sabre shares opened at GBX 181.60, above their 50-day and 200-day moving averages, with a market capitalization of approximately £438.45 million and a 1-year range of GBX 123 to GBX 188.80.
- Analyst outlook: Analysts maintain a consensus “Moderate Buy” rating with an average price target of GBX 184.25; individual targets range from GBX 152 to GBX 205.
Sabre Insurance Group plc (LON:SBRE - Get Free Report) insider Geoffrey Richard Carter purchased 112 shares of the company's stock in a transaction dated Monday, October 12th. The shares were acquired at an average price of GBX 177 per share, with a total value of £198.24.
Geoffrey Richard Carter also recently made the following trade(s):
- On Thursday, September 17th, Geoffrey Richard Carter sold 9,330 shares of Sabre Insurance Group stock. The stock was sold at an average price of GBX 176, for a total value of £16,420.80.
- On Thursday, September 10th, Geoffrey Richard Carter acquired 120 shares of Sabre Insurance Group stock. The shares were acquired at an average cost of GBX 168 per share, with a total value of £201.60.
- On Monday, August 10th, Geoffrey Richard Carter acquired 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 Price Performance
Shares of SBRE opened at GBX 181.60 on Wednesday. The firm's 50 day simple moving average is GBX 172.57 and its 200 day simple moving average is GBX 167.54. The company has a market capitalization of £438.45 million, a P/E ratio of 12.16, a P/E/G ratio of 4.08 and a beta of 0.07. Sabre Insurance Group plc has a 1-year low of GBX 123 and a 1-year high of GBX 188.80.
Sabre Insurance Group (LON:SBRE - Get Free Report) last announced 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, equities analysts anticipate that Sabre Insurance Group plc will post 19.08 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on SBRE. Jefferies Financial Group restated a "hold" rating and set a GBX 152 price objective on shares of Sabre Insurance Group in a research report on Tuesday, August 4th. Peel Hunt reiterated an "add" rating and issued a GBX 200 target price on shares of Sabre Insurance Group in a research report on Tuesday, August 4th. Royal Bank Of Canada reissued a "sector perform" rating and issued a GBX 180 target price on shares of Sabre Insurance Group in a research note on Wednesday, August 5th. Finally, Berenberg Bank increased their target price on Sabre Insurance Group from GBX 200 to GBX 205 and gave the company a "buy" rating in a research note on Wednesday, September 30th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of GBX 184.25.
Check Out Our Latest Analysis on SBRE
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.
Further Reading
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