Sabre Insurance Group (LON:SBRE) Insider Geoffrey Richard Carter Acquires 156 Shares

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter purchased 156 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was bought at an average cost of GBX 129 per share, with a total value of £201.24.

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

• On Friday, October 10th, Geoffrey Richard Carter acquired 112 shares of Sabre Insurance Group stock. The stock was bought at an average price of GBX 134 per share, for a total transaction of £150.08.
• On Wednesday, September 24th, Geoffrey Richard Carter acquired 250 shares of Sabre Insurance Group stock. The shares were purchased at an average cost of GBX 142 per share, for a total transaction of £355.
• On Wednesday, September 10th, Geoffrey Richard Carter bought 109 shares of Sabre Insurance Group stock. The shares were purchased at an average cost of GBX 135 per share, with a total value of £147.15.

Sabre Insurance Group Price Performance

SBRE opened at GBX 125.60 on Wednesday. The firm has a fifty day moving average price of GBX 135.64 and a 200 day moving average price of GBX 139.73. Sabre Insurance Group plc has a 1 year low of GBX 118.60 and a 1 year high of GBX 160.20. The stock has a market cap of £307.26 million, a P/E ratio of 7.91, a P/E/G ratio of 4.08 and a beta of 0.22.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Peel Hunt reiterated a “buy” rating and issued a GBX 195 price objective on shares of Sabre Insurance Group in a research report 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 for the company in a research note on Friday, October 17th. Royal Bank Of Canada cut Sabre Insurance Group to a “sector perform” rating and reduced their price target for the stock from GBX 170 to GBX 135 in a report on Friday, November 7th. Finally, Berenberg Bank lowered their price target on Sabre Insurance Group from GBX 200 to GBX 190 and set a “buy” rating on the stock in a research report on Thursday, October 16th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Sabre Insurance Group currently has an average rating of “Moderate Buy” and an average target price 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.