Sabre Insurance Group (LON:SBRE) Stock Rating Reaffirmed by Barclays

Sabre Insurance Group (LON:SBRE)‘s stock had its “overweight” rating restated by stock analysts at Barclays in a research note issued on Tuesday, February 6th. They presently have a GBX 312 ($4.31) price objective on the stock. Barclays’ target price suggests a potential upside of 18.95% from the stock’s previous close.

Other equities analysts have also issued reports about the stock. Berenberg Bank assumed coverage on shares of Sabre Insurance Group in a research report on Tuesday, January 16th. They issued a “buy” rating and a GBX 320 ($4.42) price target for the company. Peel Hunt reiterated an “add” rating and issued a GBX 315 ($4.35) price target on shares of Sabre Insurance Group in a research report on Monday, January 22nd. Finally, Numis Securities assumed coverage on shares of Sabre Insurance Group in a research report on Tuesday, January 16th. They set a “buy” rating and a GBX 340 ($4.70) target price for the company.

Shares of Sabre Insurance Group (LON SBRE) opened at GBX 262 ($3.62) on Tuesday. The firm has a market capitalization of $655.00 and a price-to-earnings ratio of 1,310.00. Sabre Insurance Group has a fifty-two week low of GBX 238 ($3.29) and a fifty-two week high of GBX 296 ($4.09).

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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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