Sabre Insurance Group (LON:SBRE) Sets New 1-Year Low on Analyst Downgrade

Sabre Insurance Group plc (LON:SBREGet Free Report)’s share price reached a new 52-week low on Tuesday after Berenberg Bank lowered their price target on the stock from GBX 213 to GBX 210. Berenberg Bank currently has a buy rating on the stock. Sabre Insurance Group traded as low as GBX 123 ($1.59) and last traded at GBX 124.80 ($1.62), with a volume of 2877753 shares. The stock had previously closed at GBX 126.40 ($1.64).

Sabre Insurance Group Trading Down 0.1 %

The stock’s fifty day moving average price is GBX 131.50 and its 200 day moving average price is GBX 136.80. The stock has a market cap of £311.15 million, a P/E ratio of 10.54, a PEG ratio of 4.08 and a beta of 0.22.

Sabre Insurance Group Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Sabre Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sabre Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.