Sabre Insurance Group plc (LON:SBRE – Get Free Report) reached a new 52-week low during trading 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 traded. The stock had previously closed at GBX 126.40 ($1.64).
Sabre Insurance Group Stock Down 0.1 %
The company’s fifty day moving average price is GBX 131.50 and its two-hundred day moving average price is GBX 136.80. The company has a market cap of £311.15 million, a price-to-earnings ratio of 10.54, a PEG ratio of 4.08 and a beta of 0.22.
Sabre Insurance Group Company Profile
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.
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