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

Peel Hunt restated their add rating on shares of Sabre Insurance Group (LON:SBREGet Rating) in a research report released on Tuesday morning, reports. Peel Hunt currently has a GBX 130 ($1.58) price objective on the stock.

Sabre Insurance Group Price Performance

SBRE stock opened at GBX 98.80 ($1.20) on Tuesday. Sabre Insurance Group has a 52-week low of GBX 81.90 ($1.00) and a 52-week high of GBX 242.50 ($2.96). The stock’s fifty day simple moving average is GBX 99.47 and its 200-day simple moving average is GBX 99.53. The company has a quick ratio of 0.21, a current ratio of 0.49 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of ¬£247 million, a price-to-earnings ratio of 1,646.67, a price-to-earnings-growth ratio of 4.08 and a beta of 0.26.

Sabre Insurance Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, June 1st. Investors of record on Thursday, April 20th will be issued a GBX 1.70 ($0.02) dividend. This represents a yield of 1.76%. The ex-dividend date is Thursday, April 20th. Sabre Insurance Group’s payout ratio is currently 11,666.67%.

Sabre Insurance Group Company Profile

(Get Rating)

Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles and motorcycles in the United Kingdom. It offers its products through a network of insurance brokers, as well as through its own direct brands, including Go Girl, Insure 2 Drive, and Drive Smart.

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Analyst Recommendations for Sabre Insurance Group (LON:SBRE)

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