Brokerages Set Trisura Group Ltd. (TSE:TSU) PT at C$56.61

Trisura Group Ltd. (TSE:TSU) has been given an average rating of “Moderate Buy” by the six analysts that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is C$56.61.

TSU has been the subject of several analyst reports. National Bank Financial raised their target price on shares of Trisura Group from C$59.00 to C$60.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Raymond James Financial increased their price target on shares of Trisura Group from C$57.00 to C$57.25 and gave the company an “outperform” rating in a research note on Friday, May 8th. Finally, ATB Cormark Capital Markets decreased their price objective on shares of Trisura Group from C$55.00 to C$51.00 and set an “outperform” rating for the company in a research report on Tuesday, July 28th.

Insider Transactions at Trisura Group

In related news, Director Eileen Marie Sweeney sold 34,800 shares of Trisura Group stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of C$40.84, for a total transaction of C$1,421,232.00. Following the completion of the transaction, the director owned 139,710 shares in the company, valued at approximately C$5,705,756.40. This trade represents a 19.94% decrease in their ownership of the stock. Company insiders own 1.09% of the company’s stock.

Trisura Group Stock Performance

TSU opened at C$41.36 on Friday. Trisura Group has a 52-week low of C$36.02 and a 52-week high of C$51.00. The firm has a market capitalization of C$1.95 billion, a PE ratio of 12.80 and a beta of 0.58. The business’s 50-day simple moving average is C$42.93 and its 200 day simple moving average is C$43.53.

Trisura Group (TSE:TSU) last posted its quarterly earnings results on Thursday, August 6th. The company reported C$0.76 earnings per share for the quarter. The firm had revenue of C$198.42 million during the quarter. Trisura Group had a return on equity of 16.54% and a net margin of 4.80%. On average, research analysts forecast that Trisura Group will post 3.1349036 earnings per share for the current year.

Trisura Group Company Profile

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.