Brokerages Set Trisura Group Ltd. (TSE:TSU) Price Target at C$57.56

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

Several analysts have recently weighed in on the stock. Royal Bank of Canada lifted their target price on shares of Trisura Group from C$44.00 to C$52.00 and gave the company an “outperform” rating in a report on Monday, May 6th. National Bankshares lifted their target price 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. BMO Capital Markets lifted their target price on shares of Trisura Group from C$52.00 to C$54.00 in a report on Monday, May 6th. CIBC lifted 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 report on Friday, May 3rd. Finally, Scotiabank lifted their target price on shares of Trisura Group from C$56.00 to C$59.00 in a report on Friday, April 26th.

Trisura Group Trading Down 0.3 %

Shares of Trisura Group stock opened at C$41.89 on Monday. Trisura Group has a 1 year low of C$29.05 and a 1 year high of C$46.08. The company has a debt-to-equity ratio of 12.85, a quick ratio of 0.22 and a current ratio of 63.09. The company has a market capitalization of C$1.99 billion, a P/E ratio of 22.16 and a beta of 0.81. The company’s fifty day moving average is C$42.42 and its two-hundred day moving average is C$39.74.

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

Insider Activity at Trisura Group

In other Trisura Group news, Director Robert Edward Taylor bought 3,000 shares of the business’s stock in a transaction on Tuesday, June 4th. The stock was bought at an average price of C$42.11 per share, for a total transaction of C$126,330.00. Company 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.