Trisura Group Ltd. (TSE:TSU) Receives Average Recommendation of “Buy” from Brokerages

Shares of Trisura Group Ltd. (TSE:TSU) have received an average recommendation of “Buy” from the nine ratings firms that are presently covering the firm, MarketBeat Ratings reports. Nine analysts have rated the stock with a buy recommendation. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is C$57.56.

TSU has been the subject of several analyst reports. National Bankshares raised their price target on shares of Trisura Group from C$65.00 to C$67.00 and gave the company an “outperform” rating in a report on Monday, May 6th. Scotiabank raised their price objective on shares of Trisura Group from C$56.00 to C$59.00 in a research report on Friday, April 26th. Royal Bank of Canada raised their price objective on shares of Trisura Group from C$44.00 to C$52.00 and gave the company an “outperform” rating in a research report on Monday, May 6th. CIBC raised their price objective on shares of Trisura Group from C$55.00 to C$60.00 and gave the company an “outperform” rating in a research report on Friday, May 3rd. Finally, 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.

Insiders Place Their Bets

In other Trisura Group news, Director Chris Yoshio Sekine sold 55,518 shares of the company’s stock in a transaction that occurred on 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. In other Trisura Group news, Director Michael Beasley sold 38,822 shares of the stock in a transaction on Thursday, March 7th. The shares were sold at an average price of C$43.28, for a total transaction of C$1,680,022.05. Also, Director Chris Yoshio Sekine sold 55,518 shares of the stock in a transaction on 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. Insiders sold a total of 94,825 shares of company stock worth $4,100,283 over the last three months. 1.10% of the stock is currently owned by company insiders.

Trisura Group Stock Down 2.4 %

Trisura Group stock opened at C$41.09 on Thursday. Trisura Group has a twelve month low of C$29.05 and a twelve month high of C$46.08. The firm has a 50 day moving average price of C$42.58 and a 200-day moving average price of C$38.49. The company has a market capitalization of C$1.95 billion, a P/E ratio of 21.74 and a beta of 0.81. The company has a quick ratio of 0.22, a current ratio of 63.09 and a debt-to-equity ratio of 12.85.

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.