Trisura Group Ltd. (TSE:TSU) Receives C$56.00 Average Price Target from Brokerages

Shares of Trisura Group Ltd. (TSE:TSU) have been given a consensus rating of “Buy” by the nine analysts that are covering the firm, MarketBeat Ratings reports. Nine analysts have rated the stock with a buy rating. The average 12 month price objective among analysts that have issued a report on the stock in the last year is C$56.00.

Several equities research analysts have recently commented on TSU shares. Desjardins reaffirmed a “buy” rating on shares of Trisura Group in a research report on Monday, April 22nd. BMO Capital Markets raised their target price on shares of Trisura Group from C$49.00 to C$52.00 and gave the stock an “outperform” rating in a research note on Monday, February 12th. Royal Bank of Canada raised their price target on Trisura Group from C$40.00 to C$44.00 and gave the company an “outperform” rating in a report on Monday, February 12th. Cormark increased their price objective on shares of Trisura Group from C$51.00 to C$52.00 and gave the company a “buy” rating in a report on Monday, February 12th. Finally, National Bankshares boosted their target price on shares of Trisura Group from C$64.00 to C$65.00 and gave the stock an “outperform” rating in a report on Monday, February 12th.

Insider Transactions at Trisura Group

In related news, Director Chris Yoshio Sekine sold 55,518 shares of the business’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of C$43.23, for a total transaction of C$2,399,837.72. In other news, Director Chris Yoshio Sekine sold 55,518 shares of Trisura Group 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. Also, Director Michael Beasley sold 38,822 shares of the firm’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of C$43.28, for a total value of C$1,680,022.05. Insiders have sold a total of 94,825 shares of company stock valued at $4,100,283 in the last 90 days. Insiders own 1.62% of the company’s stock.

Trisura Group Price Performance

Shares of TSE:TSU opened at C$42.05 on Friday. 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 company has a market capitalization of C$1.99 billion, a PE ratio of 280.33 and a beta of 0.82. Trisura Group has a 1-year low of C$29.05 and a 1-year high of C$44.83. The business has a fifty day moving average price of C$42.43 and a 200-day moving average price of C$37.02.

Trisura Group (TSE:TSU) last announced its quarterly earnings results on Thursday, February 8th. The company reported C$0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.49 by C$0.05. Trisura Group had a return on equity of 12.03% and a net margin of 2.36%. The firm had revenue of C$754.95 million for the quarter. As a group, equities analysts expect that Trisura Group will post 2.7177792 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.