Sabre Insurance Group (LON:SBRE) Receives Add Rating from Peel Hunt

Sabre Insurance Group (LON:SBRE)‘s stock had its “add” rating restated by research analysts at Peel Hunt in a research note issued on Tuesday,Digital Look reports. They presently have a GBX 200 price target on the stock. Peel Hunt’s price objective suggests a potential upside of 13.64% from the company’s previous close.

Several other research firms also recently commented on SBRE. Berenberg Bank boosted their target price on shares of Sabre Insurance Group from GBX 185 to GBX 195 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 152 target price on shares of Sabre Insurance Group in a research report on Tuesday. Finally, Royal Bank Of Canada increased their price target on Sabre Insurance Group from GBX 160 to GBX 180 and gave the company a “sector perform” rating in a research report on Friday, July 3rd. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Sabre Insurance Group presently has an average rating of “Moderate Buy” and an average target price of GBX 181.75.

Sabre Insurance Group Price Performance

Shares of Sabre Insurance Group stock opened at GBX 176 on Tuesday. Sabre Insurance Group has a 1 year low of GBX 123 and a 1 year high of GBX 188.80. The company has a market capitalization of £428.05 million, a price-to-earnings ratio of 11.53, a P/E/G ratio of 4.08 and a beta of 0.07. The business has a fifty day simple moving average of GBX 171.99 and a two-hundred day simple moving average of GBX 154.90.

Sabre Insurance Group (LON:SBRE) last posted its quarterly earnings results on Tuesday, August 4th. The company reported GBX 7.33 EPS for the quarter. Sabre Insurance Group had a return on equity of 11.29% and a net margin of 17.48%. As a group, equities analysts anticipate that Sabre Insurance Group will post 19.083558 earnings per share for the current fiscal year.

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.