Sabre Insurance Group (LON:SBRE) Given “Hold” Rating at Jefferies Financial Group

Sabre Insurance Group (LON:SBRE)‘s stock had its “hold” rating restated by equities researchers at Jefferies Financial Group in a research note issued to investors on Tuesday,Digital Look reports. They presently have a GBX 152 price objective on the stock. Jefferies Financial Group’s price objective would suggest a potential downside of 14.03% from the company’s previous close.

SBRE has been the subject of a number of other research reports. Berenberg Bank upped their target price on shares of Sabre Insurance Group from GBX 185 to GBX 195 and gave the stock a “buy” rating in a report on Thursday, May 21st. Royal Bank Of Canada boosted their price target on shares of Sabre Insurance Group from GBX 160 to GBX 180 and gave the stock a “sector perform” rating in a research report on Friday, July 3rd. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 180.50.

Sabre Insurance Group Stock Performance

Shares of SBRE opened at GBX 176.80 on Tuesday. The stock has a 50 day moving average price of GBX 171.99 and a 200 day moving average price of GBX 154.90. Sabre Insurance Group has a one year low of GBX 123 and a one year high of GBX 188.80. The stock has a market capitalization of £429.99 million, a price-to-earnings ratio of 11.59, a PEG ratio of 4.08 and a beta of 0.07.

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.