Shares of Sabre Insurance Group PLC (LON:SBRE) have been assigned a consensus rating of “Hold” from the six research firms that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 294.50 ($3.85).
SBRE has been the subject of a number of research reports. Barclays upped their price objective on Sabre Insurance Group from GBX 277 ($3.62) to GBX 278 ($3.63) and gave the stock an “equal weight” rating in a report on Wednesday. Peel Hunt restated a “buy” rating and issued a GBX 300 ($3.92) price target on shares of Sabre Insurance Group in a research report on Thursday, October 10th. Finally, Peel Hunt reaffirmed an “add” rating on shares of Sabre Insurance Group in a research note on Tuesday, November 19th.
Sabre Insurance Group stock traded up GBX 8 ($0.10) during trading on Tuesday, reaching GBX 305.50 ($3.99). The company had a trading volume of 1,240,802 shares, compared to its average volume of 249,083. The company has a current ratio of 1.25, a quick ratio of 1.03 and a debt-to-equity ratio of 0.12. The firm’s 50-day simple moving average is GBX 294.90 and its 200 day simple moving average is GBX 278.37. The firm has a market capitalization of $763.75 million and a price-to-earnings ratio of 15.83. Sabre Insurance Group has a 52 week low of GBX 252 ($3.29) and a 52 week high of GBX 312 ($4.08).
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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