The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSabre Insur Share News (SBRE)

Share Price Information for Sabre Insur (SBRE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 171.80
Bid: 171.60
Ask: 172.00
Change: -0.80 (-0.46%)
Spread: 0.40 (0.233%)
Open: 173.00
High: 173.00
Low: 171.60
Prev. Close: 172.60
SBRE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

SMALL-CAP WINNERS & LOSERS: Motor insurance woes hit Sabre again

Mon, 18th Jul 2022 10:50

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

----------

SMALL-CAP - WINNERS

----------

EnQuest PLC, up 5.4% at 24.25 pence, 12-month range 16.90p-37.35p. The stock tracks Brent prices higher. The North Sea crude benchmark rises to USD103.37 a barrel on Monday morning UK time, from USD101.57 late Friday. EnQuest is a North Sea and Malaysia-focused oil and gas company.

----------

Hyve Group PLC, up 5.1% at 63.70 pence, 12-month range 43.86p-117.20p. Shares in the events organiser track Euromoney Institutional Investor PLC's stock higher. Business media and events firm Euromoney has backed a private equity takeover. In addition, Euromoney says revenue in the nine months to June rises 30% to GBP304.3 million, helped by events revenue alone more than doubling.

----------

SMALL-CAP - LOSERS

----------

Sabre Insurance Group PLC, down 5.1% at 102.54p, 12-month range 101.00p-276.00p. The insurer, already reeling from a profit warnings of its own, falls further as Direct Line Insurance Group PLC cautions on claims inflation. Sabre looks set to suffer its fourth successive share price decline. It has given back nearly 50% since last week Tuesday. The stock fell 40% alone on Thursday as it said pretax profit slumped 81% to GBP4.3 million from GBP22.2 million a year ago. The net loss ratio widened to 72% from 45%, and the combined operating ratio worsened to 99% from 74%. Any combined ratio below 100% indicates underwriting profit, so the lower the better.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
10 Nov 2021 11:22

Sabre Insurance shares up as enters motorcycle insurance with MCE deal

Sabre Insurance shares up as enters motorcycle insurance with MCE deal

Read more
10 Nov 2021 10:54

SMALL-CAP WINNERS & LOSERS: Halfords on fast track after guidance lift

SMALL-CAP WINNERS & LOSERS: Halfords on fast track after guidance lift

Read more
10 Nov 2021 10:41

Sabre Insurance becomes exclusive underwriter for motorcycle insurer MCE

(Sharecast News) - Motor insurance underwriter Sabre Insurance said on Wednesday that it has signed an agreement with MCE Insurance, one of the largest distributors of motorcycle insurance in the UK, to become the exclusive underwriter for its policies with immediate effect.

Read more
5 Nov 2021 15:09

DIRECTOR DEALINGS: RPS CEO John Douglas buys GBP63,000 in shares

DIRECTOR DEALINGS: RPS CEO John Douglas buys GBP63,000 in shares

Read more
28 Oct 2021 09:32

LONDON BROKER RATINGS: Shore Capital raises WPP to Buy from Hold

LONDON BROKER RATINGS: Shore Capital raises WPP to Buy from Hold

Read more
18 Oct 2021 09:29

LONDON BROKER RATINGS: UBS lifts Fresnillo; Jefferies says buy Drax

LONDON BROKER RATINGS: UBS lifts Fresnillo; Jefferies says buy Drax

Read more
15 Oct 2021 09:32

LONDON BROKER RATINGS: Berenberg upgrades BP and Harbour Energy

LONDON BROKER RATINGS: Berenberg upgrades BP and Harbour Energy

Read more
14 Oct 2021 16:04

DIRECTOR DEALINGS: Fintel interim chair sells; THG non-exec buys

DIRECTOR DEALINGS: Fintel interim chair sells; THG non-exec buys

Read more
14 Oct 2021 12:16

Sabre Insurance to end year below forecasts in softer market

(Sharecast News) - Motor insurance underwriter Sabre Insurance Group reported gross written premiums of £126.7m for the first nine months of the year on Thursday, down from £139.2m year-on-year, as it flagged that full-year profit before tax would come in "moderately below" expectations.

Read more
14 Oct 2021 11:06

SMALL-CAP WINNERS & LOSERS: Norcros ups outlook; Sabre profit warning

SMALL-CAP WINNERS & LOSERS: Norcros ups outlook; Sabre profit warning

Read more
14 Oct 2021 10:55

Sabre Insurance issues profit warning as third quarter pricing slows

Sabre Insurance issues profit warning as third quarter pricing slows

Read more
14 Oct 2021 08:45

LONDON MARKET OPEN: Miners rise; FTSE 250 shakes off QinetiQ tumble

LONDON MARKET OPEN: Miners rise; FTSE 250 shakes off QinetiQ tumble

Read more
14 Oct 2021 07:47

LONDON MARKET PRE-OPEN: Sabre profit warning on slow market recovery

LONDON MARKET PRE-OPEN: Sabre profit warning on slow market recovery

Read more
7 Oct 2021 16:04

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
4 Oct 2021 10:16

Berenberg lowers target price on Sabre

(Sharecast News) - Analysts at Berenberg lowered their target price on insurance provider Sabre from 224.0p to 199.0p, stating that when "things do not add up" it's time to 'sell'.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.