Brokerages Set Trisura Group Ltd. (TSE:TSU) PT at C$57.44

Shares of Trisura Group Ltd. (TSE:TSU) have earned an average recommendation of “Buy” from the nine ratings firms that are presently covering the firm, MarketBeat Ratings reports. Nine research analysts have rated the stock with a buy rating. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$57.44.

Several research analysts recently issued reports on the stock. Scotiabank upped their target price on shares of 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. TD Securities set a C$52.00 target price on shares of Trisura Group and gave the company a “buy” rating in a report on Thursday, September 19th.

Trisura Group Price Performance

Shares of TSE TSU opened at C$42.02 on Friday. The stock’s 50-day simple moving average is C$42.12 and its two-hundred day simple moving average is C$42.27. Trisura Group has a twelve month low of C$29.39 and a twelve month high of C$46.75. The firm has a market capitalization of C$2.00 billion, a P/E ratio of 22.59 and a beta of 0.82. The company has a quick ratio of 0.22, a current ratio of 76.83 and a debt-to-equity ratio of 15.83.

Trisura Group (TSE:TSU) last announced its earnings results on Thursday, August 1st. The company reported C$0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.66 by C($0.01). Trisura Group had a net margin of 2.92% and a return on equity of 14.65%. The company had revenue of C$772.20 million for the quarter. As a group, equities analysts anticipate that Trisura Group will post 3.1349036 EPS for the current fiscal year.

Insider Buying and Selling at Trisura Group

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

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.