Peel Hunt reaffirmed their add rating on shares of Sabre Insurance Group (LON:SBRE – Get Rating) in a report published on Tuesday morning, Marketbeat reports. They currently have a GBX 130 ($1.58) target price on the stock.
Sabre Insurance Group Stock Performance
Shares of LON:SBRE opened at GBX 98.80 ($1.20) on Tuesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.49 and a quick ratio of 0.21. The business’s 50 day moving average price is GBX 99.47 and its 200-day moving average price is GBX 99.53. The firm has a market capitalization of £247 million, a PE ratio of 1,646.67, a P/E/G ratio of 4.08 and a beta of 0.26. Sabre Insurance Group has a 1 year low of GBX 81.90 ($1.00) and a 1 year high of GBX 242.50 ($2.96).
Sabre Insurance Group Cuts Dividend
The company also recently declared a dividend, which will be paid on Thursday, June 1st. Stockholders of record on Thursday, April 20th will be paid a GBX 1.70 ($0.02) dividend. This represents a dividend yield of 1.76%. The ex-dividend date is Thursday, April 20th. Sabre Insurance Group’s dividend payout ratio is presently 11,666.67%.
About Sabre Insurance Group
Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles and motorcycles in the United Kingdom. It offers its products through a network of insurance brokers, as well as through its own direct brands, including Go Girl, Insure 2 Drive, and Drive Smart.
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