Tuesday, September 27, 2022

Sabre Insurance coverage Group plc (LON:SBRE) Given Consensus Advice of “Average Purchase” by Brokerages

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Shares of Sabre Insurance coverage Group plc (LON:SBREGet Ranking) have been assigned a mean score of “Average Purchase” from the six scores corporations which might be overlaying the inventory, MarketBeat.com experiences. Two analysts have rated the inventory with a maintain advice and 4 have assigned a purchase advice to the corporate. The typical 1-year value goal amongst analysts which have lined the inventory within the final yr is GBX 195 ($2.36).

SBRE has been the topic of a number of analyst experiences. Berenberg Financial institution restated a “maintain” score and set a GBX 123 ($1.49) goal value on shares of Sabre Insurance coverage Group in a analysis report on Monday, August 1st. Shore Capital reiterated a “purchase” score on shares of Sabre Insurance coverage Group in a analysis report on Friday, July fifteenth. Barclays lowered their goal value on Sabre Insurance coverage Group from GBX 232 ($2.80) to GBX 222 ($2.68) and set an “obese” score for the corporate in a analysis observe on Wednesday, July twenty seventh. Lastly, Jefferies Monetary Group lowered their goal value on Sabre Insurance coverage Group from GBX 230 ($2.78) to GBX 120 ($1.45) and set a “maintain” score for the corporate in a analysis observe on Monday, July 18th.

Sabre Insurance coverage Group Worth Efficiency

Shares of SBRE inventory opened at GBX 123.80 ($1.50) on Friday. The inventory has a 50 day transferring common of GBX 167.38 and a two-hundred day transferring common of GBX 198.30. The corporate has a present ratio of 0.49, a fast ratio of 0.21 and a debt-to-equity ratio of 0.03. Sabre Insurance coverage Group has a 12 month low of GBX 100 ($1.21) and a 12 month excessive of GBX 242.50 ($2.93). The corporate has a market capitalization of £309.50 million and a P/E ratio of two,063.33.

Sabre Insurance coverage Group Cuts Dividend

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The corporate additionally lately introduced a dividend, which will probably be paid on Thursday, September twenty second. Stockholders of file on Thursday, August 18th will probably be paid a GBX 2.80 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, August 18th. This represents a dividend yield of two.73%. Sabre Insurance coverage Group’s dividend payout ratio (DPR) is presently 140.00%.

Insider Shopping for and Promoting

In associated information, insider Geoffrey Richard Carter acquired 8,774 shares of the agency’s inventory in a transaction that occurred on Friday, July twenty ninth. The inventory was acquired at a mean price of GBX 113 ($1.37) per share, with a complete worth of £9,914.62 ($11,979.97). In associated information, insider Geoffrey Richard Carter acquired 8,774 shares of the agency’s inventory in a transaction that occurred on Friday, July twenty ninth. The inventory was acquired at a mean price of GBX 113 ($1.37) per share, with a complete worth of £9,914.62 ($11,979.97). Additionally, insider Andrew D. Pomfret acquired 93,000 shares of the agency’s inventory in a transaction that occurred on Tuesday, July twenty sixth. The shares had been purchased at a mean price of GBX 105 ($1.27) per share, with a complete worth of £97,650 ($117,991.78). Insiders bought a complete of 111,056 shares of firm inventory valued at $12,696,400 during the last three months.

About Sabre Insurance coverage Group

(Get Ranking)

Sabre Insurance coverage Group plc, by means of its subsidiaries, engages within the writing of common insurance coverage for motor automobiles and bikes in the UK. It provides its merchandise by means of a community of insurance coverage brokers, in addition to by means of its personal direct manufacturers, together with Go Woman, Insure 2 Drive, and Drive Good.

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Analyst Recommendations for Sabre Insurance Group (LON:SBRE)

This instantaneous information alert was generated by narrative science know-how and monetary information from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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