Analysts Set Sabre Insurance Group PLC (LON:SBRE) PT at GBX 300

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).

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. 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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Analyst Recommendations for Sabre Insurance Group (LON:SBRE)

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