Trisura Group Ltd. (TSE:TSU) Receives C$58.00 Average PT from Analysts

Trisura Group Ltd. (TSE:TSU) has been assigned an average recommendation of “Buy” from the nine ratings firms that are covering the stock, MarketBeat Ratings reports. Nine investment analysts have rated the stock with a buy recommendation. The average twelve-month target price among brokers that have covered the stock in the last year is C$58.00.

TSU has been the subject of several research analyst reports. National Bankshares increased their price objective on Trisura Group from C$65.00 to C$67.00 and gave the stock an “outperform” rating in a research report on Monday, May 6th. CIBC increased their price objective on Trisura Group from C$55.00 to C$60.00 and gave the stock an “outperform” rating in a research report on Friday, May 3rd. Scotiabank increased their price objective on Trisura Group from C$62.00 to C$63.00 and gave the stock an “outperform” rating in a research report on Friday, August 2nd. BMO Capital Markets increased their price objective on Trisura Group from C$52.00 to C$54.00 in a research report on Monday, May 6th. Finally, Desjardins increased their price objective on Trisura Group from C$48.00 to C$53.00 and gave the stock a “buy” rating in a research report on Monday, May 6th.

Insider Activity

In related news, Director Robert Edward Taylor acquired 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 4th. The shares were acquired at an average price of C$42.11 per share, with a total value of C$126,330.00. In related news, Director Robert Edward Taylor acquired 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 4th. The shares were acquired at an average price of C$42.11 per share, with a total value of C$126,330.00. Also, Director David Charles Scotland sold 42,470 shares of the stock in a transaction on Monday, June 17th. The shares were sold at an average price of C$41.85, for a total value of C$1,777,186.88. Company insiders own 1.10% of the company’s stock.

Trisura Group Price Performance

Shares of TSE TSU opened at C$40.74 on Tuesday. The stock has a fifty day moving average price of C$42.40 and a 200 day moving average price of C$42.04. The company has a market cap of C$1.93 billion, a PE ratio of 21.56 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 1-year low of C$29.05 and a 1-year high of C$46.75.

About Trisura Group

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.