Trisura Group Ltd. (TSE:TSU) Receives Average Rating of “Buy” from Brokerages

Shares of Trisura Group Ltd. (TSE:TSU) have been given an average rating of “Buy” by the nine research firms that are presently covering the firm, Marketbeat reports. Nine research analysts have rated the stock with a buy rating. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is C$57.56.

Several brokerages have recently weighed in on TSU. National Bankshares increased their target price on shares of 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. Scotiabank increased their price objective on Trisura Group from C$56.00 to C$59.00 in a research report on Friday, April 26th. CIBC boosted their target price on Trisura Group from C$55.00 to C$60.00 and gave the company an “outperform” rating in a report on Friday, May 3rd. Desjardins upped their price target on Trisura Group from C$48.00 to C$53.00 and gave the stock a “buy” rating in a research note on Monday, May 6th. Finally, Royal Bank of Canada lifted their price objective on shares of Trisura Group from C$44.00 to C$52.00 and gave the company an “outperform” rating in a research report on Monday, May 6th.

Trisura Group Trading Up 2.6 %

TSU opened at C$43.28 on Friday. The company has a quick ratio of 0.22, a current ratio of 63.09 and a debt-to-equity ratio of 12.85. Trisura Group has a 52 week low of C$29.05 and a 52 week high of C$46.08. The business’s 50 day moving average is C$42.04 and its two-hundred day moving average is C$40.89. The firm has a market cap of C$2.05 billion, a price-to-earnings ratio of 22.90 and a beta of 0.81.

Trisura Group (TSE:TSU) last released its quarterly earnings results on Thursday, May 2nd. The company reported C$0.68 EPS for the quarter, beating the consensus estimate of C$0.66 by C$0.02. Trisura Group had a net margin of 3.03% and a return on equity of 15.22%. The firm had revenue of C$744.27 million during the quarter. On average, research analysts predict that Trisura Group will post 2.7520161 EPS for the current year.

Insider Transactions at Trisura Group

In other news, Director Chris Yoshio Sekine sold 2,800 shares of the business’s stock in a transaction on Thursday, June 20th. The shares were sold at an average price of C$42.16, for a total transaction of C$118,048.00. In other news, Director Chris Yoshio Sekine sold 2,800 shares of the business’s stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of C$42.16, for a total transaction of C$118,048.00. Also, Director David Charles Scotland sold 42,470 shares of the stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of C$41.85, for a total transaction of C$1,777,186.88. Corporate insiders own 1.10% of the company’s stock.

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.