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

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

Several equities research analysts have weighed in on TSU shares. Canadian Imperial Bank of Commerce set a C$59.00 price target on Trisura Group and gave the stock an “outperform” rating in a report on Friday, February 27th. Raymond James Financial raised their price target on Trisura Group from C$57.00 to C$57.25 and gave the stock an “outperform” rating in a report on Friday, May 8th. ATB Cormark Capital Markets raised their price target on Trisura Group from C$46.75 to C$52.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Scotiabank downgraded 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. Finally, Desjardins set a C$60.00 price objective on Trisura Group and gave the stock a “buy” rating in a research note on Monday, April 27th.

Insider Activity

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

Trisura Group Stock Performance

Shares of TSE TSU opened at C$42.30 on Friday. The company has a market cap of C$2.00 billion, a PE ratio of 13.65 and a beta of 0.64. The business has a 50-day simple moving average of C$43.13 and a two-hundred day simple moving average of C$43.27. Trisura Group has a fifty-two week low of C$36.02 and a fifty-two week high of C$51.00.

Trisura Group (TSE:TSU) last issued its quarterly earnings results on Thursday, May 7th. The company reported C$0.78 earnings per share for the quarter. The business had revenue of C$804.85 million during the quarter. Trisura Group had a return on equity of 16.65% and a net margin of 4.72%. On average, sell-side analysts predict that Trisura Group will post 3.1349036 earnings per share for the current fiscal 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.