Sabre Insurance Group (LON:SBRE) Insider Geoffrey Richard Carter Purchases 250 Shares of Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter bought 250 shares of Sabre Insurance Group stock in a transaction dated Wednesday, September 24th. The stock was acquired at an average cost of GBX 142 per share, for a total transaction of £355.

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

• On Wednesday, September 10th, Geoffrey Richard Carter purchased 109 shares of Sabre Insurance Group stock. The shares were acquired at an average cost of GBX 135 per share, with a total value of £147.15.
• On Monday, August 11th, Geoffrey Richard Carter acquired 99 shares of Sabre Insurance Group stock. The stock was acquired at an average cost of GBX 151 per share, for a total transaction of £149.49.
• On Thursday, July 10th, Geoffrey Richard Carter bought 101 shares of Sabre Insurance Group stock. The shares were acquired at an average price of GBX 149 per share, for a total transaction of £150.49.

Sabre Insurance Group Stock Performance

Shares of LON:SBRE opened at GBX 140.80 on Friday. The business has a fifty day moving average of GBX 145.55 and a 200-day moving average of GBX 138.11. Sabre Insurance Group plc has a twelve month low of GBX 118.60 and a twelve month high of GBX 160.20. The firm has a market cap of £345.80 million, a PE ratio of 886.65, a price-to-earnings-growth ratio of 4.08 and a beta of 0.22.

Sabre Insurance Group (LON:SBRE) last issued its quarterly earnings results on Thursday, July 31st. The company reported GBX 7.64 earnings per share (EPS) for the quarter. Sabre Insurance Group had a net margin of 12.82% and a return on equity of 12.19%. On average, analysts anticipate that Sabre Insurance Group plc will post 19.083558 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on SBRE shares. Royal Bank Of Canada boosted their price objective on shares of Sabre Insurance Group from GBX 160 to GBX 170 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Berenberg Bank restated a “buy” rating and set a GBX 200 target price on shares of Sabre Insurance Group in a research report on Wednesday, September 3rd. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Sabre Insurance Group presently has a consensus rating of “Buy” and an average target price of GBX 185.

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.