Trisura Group (TSE:TSU) Given New C$57.25 Price Target at Raymond James Financial

Trisura Group (TSE:TSU) had its price objective hoisted by Raymond James Financial from C$57.00 to C$57.25 in a research note published on Friday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

TSU has been the subject of a number of other reports. Scotiabank downgraded shares of Trisura Group from a “sector outperform” rating to a “sector perform” rating and set a C$52.00 price target for the company. in a report on Tuesday, April 28th. Desjardins set a C$60.00 price target on shares of Trisura Group and gave the company a “buy” rating in a report on Monday, April 27th. ATB Cormark Capital Markets increased their price target on shares of Trisura Group from C$46.75 to C$52.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Canadian Imperial Bank of Commerce set a C$59.00 price target on shares of Trisura Group and gave the company an “outperform” rating in a report on Friday, February 27th. Finally, National Bank Financial increased their price target on shares of Trisura Group from C$57.00 to C$59.00 and gave the company an “outperform” rating in a report on Wednesday, February 4th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$56.66.

Trisura Group Price Performance

TSE TSU opened at C$42.16 on Friday. The company has a current ratio of 16.58, a quick ratio of 0.22 and a debt-to-equity ratio of 16.98. The company has a fifty day simple moving average of C$44.58 and a 200 day simple moving average of C$42.90. The company has a market cap of C$2.02 billion, a P/E ratio of 14.39 and a beta of 0.42. Trisura Group has a 1 year low of C$35.98 and a 1 year high of C$51.00.

Trisura Group (TSE:TSU) last posted its quarterly earnings data on Thursday, May 7th. The company reported C$0.78 earnings per share (EPS) for the quarter. Trisura Group had a net margin of 5.51% and a return on equity of 16.30%. The business had revenue of C$804.85 million during the quarter. On average, sell-side analysts predict that Trisura Group will post 3.1349036 EPS for the current year.

Trisura Group Company Profile

Trisura Group Ltd is a Canadian based company engages in the provision of specialty insurance. The company’s operations currently include specialty property and casualty insurance (Surety, Risk Solutions, and Corporate Insurance business lines), underwritten predominantly in Canada. The operating business segments are Trisura Guarantee, Trisura Specialty, and Trisura International. The Trisura Guarantee segment generates maximum revenue, which offers Surety, Risk Solutions and Corporate Insurance products underwritten in Canada as well as the operations of Trisura Warranty.