Trisura Group Ltd. (TSE:TSU) Receives C$57.56 Average Target Price from Brokerages

Trisura Group Ltd. (TSE:TSU) has earned a consensus recommendation of “Buy” from the nine ratings firms that are currently covering the stock, Marketbeat.com reports. Nine equities research analysts have rated the stock with a buy recommendation. The average 1 year target price among brokerages that have issued a report on the stock in the last year is C$57.56.

A number of equities analysts have issued reports on TSU shares. BMO Capital Markets lifted their price target on Trisura Group from C$52.00 to C$54.00 in a research note on Monday, May 6th. Scotiabank boosted their target price on Trisura Group from C$56.00 to C$59.00 in a research note on Friday, April 26th. Raymond James boosted their target price on Trisura Group from C$54.00 to C$64.00 and gave the stock an “outperform” rating in a research note on Monday, February 12th. National Bankshares boosted their target price on Trisura Group from C$65.00 to C$67.00 and gave the stock an “outperform” rating in a research note on Monday, May 6th. Finally, CIBC boosted their target price on Trisura Group from C$55.00 to C$60.00 and gave the stock an “outperform” rating in a research note on Friday, May 3rd.

Insider Buying and Selling

In other Trisura Group news, Director Michael Beasley sold 38,822 shares of the business’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of C$43.28, for a total transaction of C$1,680,022.05. In other Trisura Group news, Director Michael Beasley sold 38,822 shares of the business’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of C$43.28, for a total transaction of C$1,680,022.05. Also, Director Chris Yoshio Sekine sold 55,518 shares of the business’s 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. In the last quarter, insiders have sold 94,825 shares of company stock valued at $4,100,283. 1.10% of the stock is owned by company insiders.

Trisura Group Stock Performance

Shares of Trisura Group stock opened at C$40.95 on Thursday. The firm has a market capitalization of C$1.94 billion, a price-to-earnings ratio of 21.67 and a beta of 0.81. The company has a debt-to-equity ratio of 12.85, a current ratio of 63.09 and a quick ratio of 0.22. Trisura Group has a one year low of C$29.05 and a one year high of C$46.08. The business has a 50-day simple moving average of C$42.49 and a 200 day simple moving average of C$38.60.

Trisura Group (TSE:TSU) last released its quarterly earnings results on Thursday, May 2nd. The company reported C$0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.66 by C$0.02. The business had revenue of C$744.27 million during the quarter. Trisura Group had a return on equity of 15.22% and a net margin of 3.03%. On average, research analysts anticipate that Trisura Group will post 2.6732673 earnings per share 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.