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

Trisura Group Ltd. (TSE:TSU) has earned an average recommendation of “Buy” from the nine analysts that are presently covering the firm, MarketBeat Ratings reports. Nine equities research analysts have rated the stock with a buy rating. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is C$57.56.

A number of research firms recently commented on TSU. CIBC increased their target price 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. BMO Capital Markets lifted their target price on Trisura Group from C$52.00 to C$54.00 in a research report on Monday, May 6th. Royal Bank of Canada upped their target price on 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. National Bankshares lifted their price target on Trisura Group from C$65.00 to C$67.00 and gave the stock an “outperform” rating in a research report on Monday, May 6th. Finally, Scotiabank raised their target price on shares of Trisura Group from C$56.00 to C$59.00 in a research report on Friday, April 26th.

Trisura Group Stock Up 0.2 %

Trisura Group stock opened at C$41.43 on Monday. The stock has a market cap of C$1.97 billion, a PE ratio of 21.92 and a beta of 0.81. The company has a debt-to-equity ratio of 12.85, a current ratio of 63.09 and a quick ratio of 0.22. The stock’s fifty day moving average is C$42.44 and its two-hundred day moving average is C$39.90. Trisura Group has a 1-year low of C$29.05 and a 1-year high of C$46.08.

Trisura Group (TSE:TSU) last issued its earnings results on Thursday, May 2nd. The company reported C$0.68 earnings per share for the quarter, topping the consensus estimate of C$0.66 by C$0.02. The business had revenue of C$744.27 million for the quarter. Trisura Group had a return on equity of 15.22% and a net margin of 3.03%. On average, sell-side analysts expect that Trisura Group will post 2.7520161 EPS for the current fiscal year.

Insider Buying and Selling at Trisura Group

In related news, Director David Charles Scotland sold 42,470 shares of the firm’s stock in a transaction dated Monday, June 17th. The shares were sold at an average price of C$41.85, for a total value of C$1,777,186.88. In related news, Director Robert Edward Taylor bought 3,000 shares of the firm’s stock in a transaction on Tuesday, June 4th. The shares were bought at an average cost of C$42.11 per share, for a total transaction of C$126,330.00. Also, Director David Charles Scotland sold 42,470 shares of the stock in a transaction dated Monday, June 17th. The shares were sold at an average price of C$41.85, for a total transaction of C$1,777,186.88. 1.10% of the stock is currently owned by corporate insiders.

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.