Sabre Insurance Group (LON:SBRE) Insider Purchases £150.08 in Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter bought 112 shares of the company’s stock in a transaction that occurred on Monday, January 12th. The shares were bought at an average cost of GBX 134 per share, for a total transaction of £150.08.

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

• On Wednesday, December 10th, Geoffrey Richard Carter acquired 119 shares of Sabre Insurance Group stock. The shares were purchased at an average price of GBX 126 per share, for a total transaction of £149.94.
• On Tuesday, November 11th, Geoffrey Richard Carter bought 156 shares of Sabre Insurance Group stock. The stock was bought at an average cost of GBX 129 per share, with a total value of £201.24.

Sabre Insurance Group Stock Up 1.4%

Shares of SBRE stock opened at GBX 133 on Friday. The company has a market capitalization of £325.37 million, a P/E ratio of 8.38, a P/E/G ratio of 4.08 and a beta of 0.22. Sabre Insurance Group plc has a 12-month low of GBX 118.60 and a 12-month high of GBX 160.20. The firm has a 50-day moving average price of GBX 128.26 and a 200 day moving average price of GBX 137.55.

Analyst Ratings Changes

Several equities analysts have weighed in on SBRE shares. Berenberg Bank cut their target price on Sabre Insurance Group from GBX 200 to GBX 190 and set a “buy” rating on the stock in a research note on Thursday, October 16th. Jefferies Financial Group cut their price target on Sabre Insurance Group from GBX 116 to GBX 110 and set a “buy” rating on the stock in a report on Friday, October 17th. Royal Bank Of Canada downgraded Sabre Insurance Group to a “sector perform” rating and lowered their target price for the company from GBX 170 to GBX 135 in a research report on Friday, November 7th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 195 price target on shares of Sabre Insurance Group in a research note on Thursday, October 16th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 157.50.

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. 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.