TD Securities Reiterates “C$52.00” Price Target for Trisura Group (TSE:TSU)

TD Securities set a C$52.00 price objective on Trisura Group (TSE:TSU) in a research report report published on Thursday morning, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Separately, Scotiabank boosted their price objective on shares of Trisura Group from C$62.00 to C$63.00 and gave the stock an outperform rating in a research note on Friday, August 2nd. Nine analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of Buy and a consensus price target of C$57.44.

Trisura Group Stock Performance

Shares of TSU stock opened at C$43.51 on Thursday. The business’s 50-day moving average price is C$42.01 and its 200-day moving average price is C$42.15. Trisura Group has a 12 month low of C$29.05 and a 12 month high of C$46.75. The company has a current ratio of 76.83, a quick ratio of 0.22 and a debt-to-equity ratio of 15.83. The firm has a market capitalization of C$2.07 billion, a price-to-earnings ratio of 23.39 and a beta of 0.82.

Trisura Group (TSE:TSU) last posted its earnings results on Thursday, August 1st. The company reported C$0.65 EPS for the quarter, missing the consensus estimate of C$0.66 by C($0.01). Trisura Group had a return on equity of 14.65% and a net margin of 2.92%. The business had revenue of C$772.20 million for the quarter. Equities research analysts forecast that Trisura Group will post 3.1264456 EPS for the current year.

Insider Transactions at Trisura Group

In related news, Director Michael Beasley sold 33,176 shares of the business’s stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of C$39.95, for a total value of C$1,325,530.49. In related news, Director Michael Beasley sold 33,176 shares of the firm’s stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of C$39.95, for a total transaction of C$1,325,530.49. Also, Director David James Clare sold 2,907 shares of Trisura Group stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of C$41.76, for a total value of C$121,396.32. 1.09% of the stock is currently owned by corporate insiders.

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.