Shares of Sabre Insurance Group PLC (LON:SBRE) reached a new 52-week high during trading on Friday . The company traded as high as GBX 301 ($3.93) and last traded at GBX 288 ($3.76), with a volume of 360641 shares trading hands. The stock had previously closed at GBX 287 ($3.75).
SBRE has been the subject of a number of recent analyst reports. Barclays upped their price objective on shares of Sabre Insurance Group from GBX 286 ($3.74) to GBX 288 ($3.76) and gave the company an “overweight” rating in a research report on Friday, October 12th. Peel Hunt restated a “buy” rating on shares of Sabre Insurance Group in a research report on Thursday, October 11th.
About Sabre Insurance Group (LON:SBRE)
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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