Sabre Insurance Group PLC (LON:SBRE) Insider Buys £148.20 in Stock

Sabre Insurance Group PLC (LON:SBRE) insider Geoffrey Richard Carter purchased 52 shares of the stock in a transaction on Wednesday, July 10th. The stock was acquired at an average price of GBX 285 ($3.72) per share, with a total value of £148.20 ($193.65).

Shares of Sabre Insurance Group stock opened at GBX 285.50 ($3.73) on Friday. Sabre Insurance Group PLC has a 1 year low of GBX 240 ($3.14) and a 1 year high of GBX 301 ($3.93). The stock has a 50-day simple moving average of GBX 265.51. The company has a market capitalization of $713.75 million and a P/E ratio of 14.42.

Several brokerages have issued reports on SBRE. Numis Securities downgraded AJ Bell to a “reduce” rating in a report on Thursday, May 23rd. Peel Hunt restated a “buy” rating on shares of Atalaya Mining in a report on Thursday, May 23rd. Berenberg Bank restated a “hold” rating and issued a GBX 320 ($4.18) price target on shares of Helical in a report on Friday, May 24th. Barclays increased their price target on Intuit from $225.00 to $237.00 and gave the stock an “equal weight” rating in a report on Friday, May 24th. Finally, Canaccord Genuity set a $3.00 price target on Cinedigm and gave the stock a “buy” rating in a report on Wednesday, April 10th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Sabre Insurance Group currently has an average rating of “Hold” and a consensus price target of GBX 299.60 ($3.91).

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. The company offers its products through a network of insurance brokers, as well as through its own direct brands, including the Go Girl, Insure 2 Drive, and Drive Smart.

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