Trisura Group (TSE:TSU) PT Raised to C$52.00

Trisura Group (TSE:TSU) had its price objective hoisted by equities researchers at Royal Bank of Canada from C$44.00 to C$52.00 in a note issued to investors on Monday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank of Canada’s target price points to a potential upside of 15.02% from the company’s current price.

TSU has been the subject of a number of other research reports. Raymond James raised their price objective on shares of Trisura Group from C$54.00 to C$64.00 and gave the company an “outperform” rating in a research report on Monday, February 12th. Cormark raised their price target on Trisura Group from C$51.00 to C$52.00 and gave the company a “buy” rating in a report on Monday, February 12th. National Bankshares upped their price objective on Trisura Group from C$64.00 to C$65.00 and gave the stock an “outperform” rating in a report on Monday, February 12th. Scotiabank boosted their target price on shares of Trisura Group from C$56.00 to C$59.00 in a research report on Friday, April 26th. Finally, CIBC increased their price target on shares of Trisura Group from C$55.00 to C$60.00 and gave the company an “outperform” rating in a report on Friday, May 3rd. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$57.56.

Trisura Group Price Performance

Trisura Group stock opened at C$45.21 on Monday. The business has a 50 day simple moving average of C$42.56 and a 200-day simple moving average of C$37.57. Trisura Group has a 12 month low of C$29.05 and a 12 month high of C$46.08. The company has a debt-to-equity ratio of 13.67, a current ratio of 2.46 and a quick ratio of 0.22. The stock has a market capitalization of C$2.14 billion, a PE ratio of 31.84 and a beta of 0.81.

Trisura Group (TSE:TSU) last announced its quarterly earnings data on Thursday, February 8th. The company reported C$0.54 EPS for the quarter, topping analysts’ consensus estimates of C$0.49 by C$0.05. The company had revenue of C$754.95 million during the quarter. Trisura Group had a net margin of 2.36% and a return on equity of 12.03%. Equities analysts predict that Trisura Group will post 2.7003195 earnings per share for the current year.

Insider Buying and Selling

In other Trisura Group news, Director Chris Yoshio Sekine sold 55,518 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$43.23, for a total transaction of C$2,399,837.72. In other Trisura Group news, Director Chris Yoshio Sekine sold 55,518 shares of the company’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$43.23, for a total value of C$2,399,837.72. Also, Director Michael Beasley sold 38,822 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of C$43.28, for a total transaction of C$1,680,022.05. Insiders have sold 94,825 shares of company stock worth $4,100,283 in the last three months. Corporate insiders own 1.10% of the company’s stock.

Trisura Group Company Profile

Trisura Group Ltd., a specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally. The company operates through Trisura Canada and Trisura the United States segments. It also offers risk solutions, fronting, and insurance products, as well as provides business underwriting services.