Sabre Insurance Group PLC -3.8% potential downside indicated by Berenberg Bank

Sabre Insurance Group PLC with ticker (LON:SBRE) now has a potential downside of -3.8% according to Berenberg Bank.



Berenberg Bank set a target price of 195 GBX for the company, which when compared to the Sabre Insurance Group PLC share price of 203 GBX at opening today (21/10/2021) indicates a potential downside of -3.8%. Trading has ranged between 187 (52 week low) and 290 (52 week high) with an average of 381,895 shares exchanging hands daily. The market capitalisation at the time of writing is £490,999,984.

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. Insure2Drive is an Internet only private car product designed to allow policy holder to deal directly with company. Drive Smart is a car insurance policy that helps safe drivers.