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

Sabre Insurance Group (LON:SBRE)‘s stock had its “hold” rating reiterated by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Wednesday, Marketbeat Ratings reports. They currently have a GBX 172 price objective on the stock. Jefferies Financial Group‘s price objective indicates a potential upside of 0.70% from the company’s current price.

Several other research firms have also recently commented on SBRE. Berenberg Bank reissued a “buy” rating and issued a GBX 205 target price on shares of Sabre Insurance Group in a research note on Tuesday, October 20th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 180 price target on shares of Sabre Insurance Group in a research note on Wednesday, August 5th. Finally, Peel Hunt reiterated an “add” rating and issued a GBX 200 price target on shares of Sabre Insurance Group in a report on Tuesday, August 4th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 189.25.

Sabre Insurance Group Trading Up 0.8%

SBRE opened at GBX 170.80 on Wednesday. Sabre Insurance Group has a 1-year low of GBX 123 and a 1-year high of GBX 188.80. The stock has a market capitalization of £412.37 million, a PE ratio of 11.44, a PEG ratio of 4.08 and a beta of 0.07. The firm has a 50-day moving average price of GBX 172.75 and a two-hundred day moving average price of GBX 159.63.

Sabre Insurance Group (LON:SBRE) last posted its quarterly earnings data on Tuesday, August 4th. The company reported GBX 7.33 earnings per share for the quarter. Sabre Insurance Group had a net margin of 16.49% and a return on equity of 14.67%. On average, research analysts predict that Sabre Insurance Group will post 19.08 EPS for the current year.

Insider Buying and Selling at Sabre Insurance Group

In other news, insider Geoffrey Richard Carter sold 9,330 shares of the stock in a transaction on Thursday, September 17th. The stock was sold at an average price of GBX 176, for a total value of £16,420.80. Also, insider Adam Richard Westwood sold 10,976 shares of the firm’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of GBX 177, for a total value of £19,427.52. Insiders have acquired a total of 345 shares of company stock valued at $59,872 in the last quarter. Corporate insiders own 1.49% of the company’s stock.

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.