Sabre Insurance Group (LON:SBRE) Posts Earnings Results

Sabre Insurance Group (LON:SBRE) released its quarterly earnings data on Tuesday. The company reported GBX 14.48 ($0.19) EPS for the quarter, Digital Look Earnings reports. Sabre Insurance Group had a return on equity of 12.19% and a net margin of 12.82%.

Sabre Insurance Group Stock Performance

Shares of SBRE stock opened at GBX 132.22 ($1.72) on Tuesday. Sabre Insurance Group has a one year low of GBX 123 ($1.60) and a one year high of GBX 183.60 ($2.38). The company’s 50-day simple moving average is GBX 130.93 and its 200-day simple moving average is GBX 136.38. The stock has a market capitalization of £329.44 million, a price-to-earnings ratio of 11.16, a PEG ratio of 4.08 and a beta of 0.22.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lowered their price target on Sabre Insurance Group from GBX 213 ($2.77) to GBX 210 ($2.73) and set a “buy” rating for the company in a report on Monday, March 10th.

About Sabre Insurance Group

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.