Sabre Insurance Group (LON:SBRE) Insider Geoffrey Richard Carter Acquires 113 Shares

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter purchased 113 shares of the business’s stock in a transaction on Monday, August 10th. The shares were acquired at an average price of GBX 176 per share, with a total value of £198.88.

Geoffrey Richard Carter also recently made the following trade(s):

• On Wednesday, June 10th, Geoffrey Richard Carter acquired 95 shares of Sabre Insurance Group stock. The shares were bought at an average cost of GBX 159 per share, for a total transaction of £151.05.

Sabre Insurance Group Stock Performance

Shares of SBRE stock traded down GBX 2.10 during trading hours on Tuesday, hitting GBX 172.50. The company had a trading volume of 78,128 shares, compared to its average volume of 1,313,336. Sabre Insurance Group plc has a 12 month low of GBX 123 and a 12 month high of GBX 188.80. The firm has a market capitalization of £417.51 million, a price-to-earnings ratio of 11.30, a PEG ratio of 4.08 and a beta of 0.07. The firm’s fifty day moving average is GBX 174.11 and its 200 day moving average is GBX 156.42.

Sabre Insurance Group (LON:SBRE) last posted its earnings results on Tuesday, August 4th. The company reported GBX 7.33 EPS for the quarter. Sabre Insurance Group had a return on equity of 14.67% and a net margin of 16.49%. On average, sell-side analysts expect that Sabre Insurance Group plc will post 19.083558 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Peel Hunt restated an “add” rating and issued a GBX 200 target price on shares of Sabre Insurance Group in a research note on Tuesday, August 4th. Berenberg Bank reiterated a “buy” rating and set a GBX 200 target price on shares of Sabre Insurance Group in a research report on Wednesday, August 5th. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 180 price target on shares of Sabre Insurance Group in a report on Wednesday, August 5th. Finally, Jefferies Financial Group restated a “hold” rating and issued a GBX 152 price target on shares of Sabre Insurance Group in a research report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 183.

Sabre Insurance Group Company Profile

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.