Trisura Group Ltd. (TSE:TSU) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Trisura Group Ltd. (TSE:TSU) have been assigned an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$56.66.

A number of equities analysts have recently issued reports on the company. Desjardins set a C$60.00 target price on Trisura Group and gave the stock a “buy” rating in a report on Monday, April 27th. Scotiabank lowered Trisura Group from a “sector outperform” rating to a “sector perform” rating and set a C$52.00 price target on the stock. in a research note on Tuesday, April 28th. Finally, Raymond James Financial upped their price target on Trisura Group from C$57.00 to C$57.25 and gave the company an “outperform” rating in a research report on Friday, May 8th.

Trisura Group Stock Performance

TSE TSU opened at C$42.82 on Monday. Trisura Group has a twelve month low of C$36.02 and a twelve month high of C$51.00. The company has a quick ratio of 0.22, a current ratio of 23.58 and a debt-to-equity ratio of 23.38. The stock has a market cap of C$2.02 billion, a P/E ratio of 13.81 and a beta of 0.55. The company’s 50-day simple moving average is C$42.81 and its 200 day simple moving average is C$43.89.

Trisura Group (TSE:TSU) last announced its quarterly earnings results on Thursday, May 7th. The company reported C$0.78 EPS for the quarter. The firm had revenue of C$804.85 million during the quarter. Trisura Group had a net margin of 4.72% and a return on equity of 16.65%. As a group, research analysts forecast 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 business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of C$40.84, for a total value of C$1,421,232.00. Following the sale, the director owned 139,710 shares in the company, valued at approximately C$5,705,756.40. The trade was a 19.94% decrease in their position. Corporate insiders own 1.09% of the company’s stock.

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.