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

Shares of Trisura Group Ltd. (TSE:TSU) have been given an average rating of “Moderate Buy” by the six analysts that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$56.61.

A number of research analysts have recently commented on TSU shares. Desjardins set a C$60.00 price objective on shares of Trisura Group and gave the company a “buy” rating in a research note on Monday, April 27th. ATB Cormark Capital Markets decreased their target price on shares of Trisura Group from C$55.00 to C$51.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 28th. Scotiabank downgraded shares of Trisura Group from a “sector outperform” rating to a “sector perform” rating and set a C$52.00 target price for the company. in a report on Tuesday, April 28th. National Bank Financial upped their price target on shares of Trisura Group from C$59.00 to C$60.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Finally, Raymond James Financial increased their price target on shares of Trisura Group from C$57.00 to C$57.25 and gave the stock an “outperform” rating in a research note on Friday, May 8th.

Trisura Group Stock Down 0.4%

Shares of TSE:TSU opened at C$40.47 on Friday. The company has a market cap of C$1.91 billion, a P/E ratio of 12.53 and a beta of 0.58. Trisura Group has a 52 week low of C$36.02 and a 52 week high of C$51.00. The business has a fifty day simple moving average of C$43.06 and a 200-day simple moving average of C$43.60.

Trisura Group (TSE:TSU) last released its earnings results on Thursday, August 6th. The company reported C$0.76 earnings per share for the quarter. Trisura Group had a return on equity of 16.54% and a net margin of 4.80%.The firm had revenue of C$198.42 million for the quarter. Sell-side analysts expect that Trisura Group will post 3.1349036 earnings per share for the current fiscal year.

Insider Activity at Trisura Group

In other news, Director Eileen Marie Sweeney sold 34,800 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of C$40.84, for a total transaction of C$1,421,232.00. Following the completion of the sale, the director directly owned 139,710 shares in the company, valued at C$5,705,756.40. This represents a 19.94% decrease in their position. 1.09% of the stock is currently owned by insiders.

About Trisura Group

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.