Shares of Sabre Insurance Group PLC (LON:SBRE) have received a consensus rating of “Hold” from the five ratings firms that are covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 293.25 ($3.83).
A number of brokerages have recently commented on SBRE. Numis Securities reissued a “hold” rating on shares of Sabre Insurance Group in a research note on Thursday, May 23rd. Berenberg Bank lowered their price objective on Sabre Insurance Group from GBX 295 ($3.85) to GBX 290 ($3.79) and set a “buy” rating for the company in a research report on Tuesday, July 30th. Barclays lowered their price objective on Sabre Insurance Group from GBX 296 ($3.87) to GBX 273 ($3.57) and set an “equal weight” rating for the company in a research report on Friday, May 24th. Finally, Peel Hunt restated a “buy” rating and set a GBX 300 ($3.92) price objective (down from GBX 310 ($4.05)) on shares of Sabre Insurance Group in a research report on Monday, July 29th.
LON:SBRE remained flat at $GBX 264.50 ($3.46) during trading hours on Friday. The company had a trading volume of 109,318 shares, compared to its average volume of 249,083. The stock has a fifty day simple moving average of GBX 274.18 and a two-hundred day simple moving average of GBX 275.12. The stock has a market capitalization of $661.25 million and a P/E ratio of 13.70. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.25 and a quick ratio of 1.03. Sabre Insurance Group has a fifty-two week low of GBX 240 ($3.14) and a fifty-two week high of GBX 301 ($3.93).
The firm also recently announced a dividend, which will be paid on Thursday, September 19th. Shareholders of record on Thursday, August 22nd will be issued a GBX 4.70 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, August 22nd. This represents a yield of 1.74%. Sabre Insurance Group’s payout ratio is currently 0.47%.
About Sabre Insurance Group
Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles in the United Kingdom. The company offers its products through a network of insurance brokers, as well as through its own direct brands, including the Go Girl, Insure 2 Drive, and Drive Smart.
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