Trisura Group Ltd. (TSE:TSU) Given Consensus Recommendation of “Buy” by Brokerages

Trisura Group Ltd. (TSE:TSU) has received a consensus recommendation of “Buy” from the nine analysts that are covering the firm, MarketBeat reports. Nine research analysts have rated the stock with a buy recommendation. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$57.44.

Several brokerages recently weighed in on TSU. TD Securities set a C$52.00 price objective on Trisura Group and gave the company a “buy” rating in a report on Thursday, September 19th. Scotiabank boosted their price target on Trisura Group from C$62.00 to C$63.00 and gave the company an “outperform” rating in a report on Friday, August 2nd.

Insider Transactions at Trisura Group

In other Trisura Group news, Director David James Clare sold 2,907 shares of the stock in a transaction on Friday, August 30th. The stock was sold at an average price of C$41.76, for a total transaction of C$121,396.32. In related news, Director Michael Beasley sold 33,176 shares of the business’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of C$39.95, for a total value of C$1,325,530.49. Also, Director David James Clare sold 2,907 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of C$41.76, for a total transaction of C$121,396.32. Company insiders own 1.09% of the company’s stock.

Trisura Group Stock Performance

Trisura Group stock opened at C$44.68 on Friday. Trisura Group has a 12-month low of C$29.39 and a 12-month high of C$46.75. The company has a debt-to-equity ratio of 15.83, a current ratio of 76.83 and a quick ratio of 0.22. The company has a market capitalization of C$2.12 billion, a price-to-earnings ratio of 24.02 and a beta of 0.82. The firm’s fifty day moving average price is C$41.95 and its 200 day moving average price is C$42.21.

Trisura Group (TSE:TSU) last issued its quarterly earnings data on Thursday, August 1st. The company reported C$0.65 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.66 by C($0.01). Trisura Group had a net margin of 2.92% and a return on equity of 14.65%. The business had revenue of C$772.20 million for the quarter. On average, research analysts forecast that Trisura Group will post 3.1349036 EPS for the current fiscal year.

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.