Geoffrey Richard Carter Acquires 116 Shares of Sabre Insurance Group (LON:SBRE) Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter bought 116 shares of the business’s stock in a transaction on Tuesday, February 10th. The shares were acquired at an average price of GBX 130 per share, with a total value of £150.80.

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

• On Monday, January 12th, Geoffrey Richard Carter bought 112 shares of Sabre Insurance Group stock. The stock was acquired at an average price of GBX 134 per share, for a total transaction of £150.08.
• On Wednesday, December 10th, Geoffrey Richard Carter purchased 119 shares of Sabre Insurance Group stock. The stock was bought at an average price of GBX 126 per share, for a total transaction of £149.94.

Sabre Insurance Group Price Performance

Shares of LON:SBRE opened at GBX 130 on Friday. Sabre Insurance Group plc has a one year low of GBX 118.60 and a one year high of GBX 160.20. The company has a market cap of £318.03 million, a price-to-earnings ratio of 8.19, a PEG ratio of 4.08 and a beta of 0.22. The firm has a 50 day simple moving average of GBX 129.64 and a 200 day simple moving average of GBX 134.97.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Berenberg Bank cut their price target on shares of Sabre Insurance Group from GBX 200 to GBX 190 and set a “buy” rating on the stock in a report on Thursday, October 16th. Jefferies Financial Group dropped their price target on Sabre Insurance Group from GBX 116 to GBX 110 and set a “buy” rating on the stock in a research note on Friday, October 17th. Royal Bank Of Canada cut shares of Sabre Insurance Group to a “sector perform” rating and cut their price objective for the stock 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 target price on shares of Sabre Insurance Group in a report 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 company’s stock. According to MarketBeat.com, the stock presently 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.