Saber Insurance Group plc ( LON:SBRE ) receives consensus rating of “Moderate Buy” from analysts

Shares of Saber Insurance Group plc (LON:SBRE – Get Rating) have received a consensus rating of “Moderate Buy” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 235 ($2.79).

Several analysts have issued reports on the company. Shore Capital reaffirmed a “buy” rating on shares of Saber Insurance Group in a research report on Friday. Barclays decreased their target price on Saber Insurance Group from GBX 269 ($3.20) to GBX 232 ($2.76) and set an “overweight” rating on the stock in a research report on Friday. Finally, Berenberg Bank dropped their target price on Saber Insurance Group from GBX 229 ($2.72) to GBX 123 ($1.46) and set a “hold” rating on the stock in a research report on Friday.

Saber Insurance Group trades down 4.9%

Shares of LON SBRE opened at GBX 108 ($1.28) on Monday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.21, and a current ratio of 0.55. The business’s 50-day moving average price is GBX 204.41 and its 200-day moving average price is GBX 209.57. Saber Insurance Group has a fifty-two week low of GBX 105.40 ($1.25) and a fifty-two week high of GBX 276 ($3.28). The company has a market cap of £270 million and a price-to-earnings ratio of 900.00.

Internal transactions at Saber Insurance Group

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In other news, insider Adam Richard Westwood sold 34,321 shares of the firm’s stock in a transaction on Monday, April 25th. The stock was sold at an average price of GBX 216 ($2.57), for a total value of £74,133.36 ($88,170.03). In related news, insider Adam Richard Westwood sold 34,321 shares of the firm’s stock in a transaction on Monday, April 25th. The stock was sold at an average price of GBX 216 ($2.57), for a total value of £74,133.36 ($88,170.03). Also, insider Alison Morris acquired 9,282 shares of Saber Insurance Group stock in a transaction that occurred on Wednesday, June 1st. The stock was bought at an average price of GBX 209 ($2.49) per share, with a total value of £19,399.38 ($23,072.53).

Saber Insurance Group Company Profile

(Get rating)

Saber Insurance Group plc, through its subsidiaries, engages in the writing of general motor and motorcycle insurance in the United Kingdom. It offers its products through a network of insurance intermediaries, as well as through its own direct brands, including Go Girl, Insure 2 Drive and Drive Smart.

See also

Analyst Recommendations for Saber Insurance Group (LON:SBRE)

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