Sabre Insurance Group (LON:SBRE) Insider Geoffrey Richard Carter Buys 112 Shares of Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter bought 112 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The shares were purchased at an average cost of GBX 134 per share, with a total value of £150.08.

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

• On Wednesday, September 24th, Geoffrey Richard Carter purchased 250 shares of Sabre Insurance Group stock. The stock was bought at an average price of GBX 142 per share, with a total value of £355.
• On Wednesday, September 10th, Geoffrey Richard Carter purchased 109 shares of Sabre Insurance Group stock. The stock was bought at an average price of GBX 135 per share, with a total value of £147.15.
• On Monday, August 11th, Geoffrey Richard Carter purchased 99 shares of Sabre Insurance Group stock. The stock was bought at an average price of GBX 151 per share, with a total value of £149.49.

Sabre Insurance Group Stock Up 2.6%

LON:SBRE opened at GBX 134.40 on Tuesday. Sabre Insurance Group plc has a 1-year low of GBX 118.60 and a 1-year high of GBX 160.20. The firm has a market capitalization of £328.84 million, a price-to-earnings ratio of 846.35, a price-to-earnings-growth ratio of 4.08 and a beta of 0.22. The stock has a fifty day simple moving average of GBX 142.56 and a 200 day simple moving average of GBX 139.17.

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

Analysts Set New Price Targets

SBRE has been the subject of a number of recent analyst reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 200 price target on shares of Sabre Insurance Group in a research report on Wednesday, September 3rd. Royal Bank Of Canada increased their price objective on Sabre Insurance Group from GBX 160 to GBX 170 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of GBX 185.

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.