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

Trisura Group Ltd. (TSE:TSU) has been assigned an average recommendation of “Buy” from the nine brokerages that are presently covering the firm, Marketbeat reports. Nine analysts have rated the stock with a buy recommendation. The average 12 month price objective among brokerages that have covered the stock in the last year is C$57.44.

A number of research firms recently weighed in on TSU. Scotiabank increased their price objective 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 price target on shares of Trisura Group and gave the company a “buy” rating in a research report on Thursday, September 19th.

Insider Transactions at Trisura Group

In other news, Director Michael Beasley sold 33,176 shares of Trisura Group stock in a transaction on 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. In other news, Director Michael Beasley sold 33,176 shares of Trisura Group stock in a transaction on 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 Trisura Group stock in a transaction on Friday, August 30th. The stock was sold at an average price of C$41.76, for a total transaction of C$121,396.32. Corporate insiders own 1.09% of the company’s stock.

Trisura Group Stock Performance

TSE:TSU opened at C$42.11 on Friday. The company has a debt-to-equity ratio of 15.83, a quick ratio of 0.22 and a current ratio of 76.83. The stock has a market capitalization of C$2.00 billion, a P/E ratio of 22.64 and a beta of 0.82. The company has a 50 day moving average price of C$42.12 and a 200 day moving average price of C$42.26. Trisura Group has a fifty-two week low of C$29.39 and a fifty-two week high of C$46.75.

Trisura Group (TSE:TSU) last posted its quarterly earnings data on Thursday, August 1st. The company reported C$0.65 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.66 by C($0.01). The company had revenue of C$772.20 million for the quarter. Trisura Group had a return on equity of 14.65% and a net margin of 2.92%. Equities research analysts forecast that Trisura Group will post 3.1349036 EPS for the current year.

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.