Trisura Group (TSE:TSU) Sets New 12-Month High – Should You Buy?

Shares of Trisura Group Ltd. (TSE:TSU) reached a new 52-week high during trading on Friday . The stock traded as high as C$49.00 and last traded at C$48.50, with a volume of 85683 shares trading hands. The stock had previously closed at C$44.48.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on TSU. Royal Bank Of Canada increased their target price on shares of Trisura Group from C$55.00 to C$57.00 in a research report on Monday, November 10th. Desjardins set a C$56.00 price objective on Trisura Group and gave the stock a “buy” rating in a research note on Thursday, December 18th. Finally, National Bank Financial lifted their price objective on Trisura Group from C$57.00 to C$59.00 and gave the company an “outperform” rating in a report on Wednesday, February 4th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$55.29.

Trisura Group Trading Up 9.5%

The company has a market capitalization of C$2.32 billion, a P/E ratio of 19.02 and a beta of 0.32. The stock has a 50 day moving average price of C$43.06 and a 200 day moving average price of C$40.88.

Trisura Group (TSE:TSU) last issued its quarterly earnings data on Thursday, November 6th. The company reported C$0.71 earnings per share for the quarter. The business had revenue of C$799.34 million for the quarter. Trisura Group had a return on equity of 16.30% and a net margin of 3.76%. On average, research analysts predict that Trisura Group Ltd. will post 3.1349036 EPS for the current year.

About Trisura Group

Trisura Group Ltd is a Canadian based company engages in the provision of specialty insurance. The company’s operations currently include specialty property and casualty insurance (Surety, Risk Solutions, and Corporate Insurance business lines), underwritten predominantly in Canada. The operating business segments are Trisura Guarantee, Trisura Specialty, and Trisura International. The Trisura Guarantee segment generates maximum revenue, which offers Surety, Risk Solutions and Corporate Insurance products underwritten in Canada as well as the operations of Trisura Warranty.