Trisura Group (TSE:TSU) PT Raised to C$62.00

Trisura Group (TSE:TSU) had its price objective upped by Scotiabank from C$59.00 to C$62.00 in a research note released on Wednesday morning, BayStreet.CA reports.

A number of other equities analysts also recently issued reports on the company. CIBC increased their target price on Trisura Group from C$55.00 to C$60.00 and gave the stock an outperform rating in a research note on Friday, May 3rd. 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. National Bankshares raised their target price on Trisura Group from C$65.00 to C$67.00 and gave the company an outperform rating in a report on Monday, May 6th. Desjardins upped their price target on shares of 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 increased their price target on shares of Trisura Group from C$44.00 to C$52.00 and gave the company an outperform rating in a report on Monday, May 6th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, Trisura Group has a consensus rating of Buy and an average target price of C$57.89.

Trisura Group Stock Performance

Shares of TSU opened at C$45.10 on Wednesday. The stock has a market capitalization of C$2.14 billion, a P/E ratio of 23.86 and a beta of 0.81. The company has a debt-to-equity ratio of 12.85, a quick ratio of 0.22 and a current ratio of 63.09. Trisura Group has a 1 year low of C$29.05 and a 1 year high of C$46.08. The company’s fifty day moving average is C$41.94 and its two-hundred day moving average is C$41.25.

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

Insider Buying and Selling

In related news, Director David Charles Scotland sold 42,470 shares of the company’s 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 value of C$1,777,186.88. In related news, Director David Charles Scotland sold 42,470 shares of Trisura Group stock in a transaction dated 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. Also, Director Robert Edward Taylor bought 3,000 shares of Trisura Group stock in a transaction on Tuesday, June 4th. The stock was purchased at an average price of C$42.11 per share, for a total transaction of C$126,330.00. Insiders own 1.10% of the company’s stock.

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.