Sabre Insurance Group (SBRE) Earns Buy Rating from Berenberg Bank
Berenberg Bank reiterated their buy rating on shares of Sabre Insurance Group (LON:SBRE) in a research report released on Tuesday. Berenberg Bank currently has a GBX 263 ($3.63) price target on the stock.
Several other brokerages have also issued reports on SBRE. Numis Securities initiated coverage on Sabre Insurance Group in a research note on Tuesday, January 16th. They set a buy rating and a GBX 340 ($4.70) price target for the company. Peel Hunt started coverage on Sabre Insurance Group in a research note on Tuesday, January 16th. They issued an add rating and a GBX 315 ($4.35) target price for the company. Finally, Barclays started coverage on Sabre Insurance Group in a research note on Tuesday, January 16th. They issued an overweight rating and a GBX 312 ($4.31) target price for the company.
Sabre Insurance Group (SBRE) traded up GBX 1 ($0.01) during trading hours on Tuesday, reaching GBX 261 ($3.61). The company had a trading volume of 13,878 shares, compared to its average volume of 128,187. The company has a market capitalization of $650.00 and a price-to-earnings ratio of 1,305.00. Sabre Insurance Group has a 12 month low of GBX 238 ($3.29) and a 12 month high of GBX 296 ($4.09).
Sabre Insurance Group Company Profile
Sabre Insurance Group plc is a United Kingdom-based provider of motor insurance company. The Company underwrites motor insurance including private cars, taxis, and commercial vehicles through intermediaries. The Company’s three direct brands include Go Girl, Insure2Drive and Drive Smart. Go Girl policy provides up to �1,500 cover (per policy period) in the event that policy holder home, office or vehicle keys or locks are damaged, stolen or lost.
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