Geoffrey Richard Carter Purchases 112 Shares of Sabre Insurance Group (LON:SBRE) Stock

Sabre Insurance Group plc (LON:SBRE) insider Geoffrey Richard Carter bought 112 shares of the firm’s stock in a transaction on Monday, January 12th. The stock was purchased at an average price of GBX 134 per share, for a total transaction of £150.08.

Geoffrey Richard Carter also recently made the following trade(s):

• On Wednesday, December 10th, Geoffrey Richard Carter purchased 119 shares of Sabre Insurance Group stock. The shares were purchased at an average price of GBX 126 per share, with a total value of £149.94.
• On Tuesday, November 11th, Geoffrey Richard Carter purchased 156 shares of Sabre Insurance Group stock. The shares were purchased at an average cost of GBX 129 per share, for a total transaction of £201.24.

Sabre Insurance Group Stock Performance

SBRE opened at GBX 130.60 on Thursday. Sabre Insurance Group plc has a one year low of GBX 118.60 and a one year high of GBX 160.20. The stock has a market capitalization of £319.50 million, a PE ratio of 8.22, a P/E/G ratio of 4.08 and a beta of 0.22. The business’s 50 day moving average price is GBX 128.19 and its 200 day moving average price is GBX 137.58.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on SBRE shares. Peel Hunt reissued a “buy” rating and set a GBX 195 price objective on shares of Sabre Insurance Group in a research report on Thursday, October 16th. Berenberg Bank lowered their target price on shares of Sabre Insurance Group from GBX 200 to GBX 190 and set a “buy” rating for the company in a research note on Thursday, October 16th. Jefferies Financial Group reduced their price target on shares of Sabre Insurance Group from GBX 116 to GBX 110 and set a “buy” rating on the stock in a research note on Friday, October 17th. Finally, Royal Bank Of Canada lowered shares of Sabre Insurance Group to a “sector perform” rating and decreased their price objective for the stock from GBX 170 to GBX 135 in a report on Friday, November 7th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 157.50.

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.