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

Trisura Group Ltd. (TSE:TSU) has been given an average rating of “Buy” by the nine research firms that are presently covering the stock, Marketbeat reports. Nine analysts have rated the stock with a buy recommendation. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is C$57.44.

Several research analysts recently commented on the company. Scotiabank lifted their price target on 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 target price on Trisura Group and gave the stock a “buy” rating in a report on Thursday, September 19th.

Trisura Group Price Performance

Trisura Group stock opened at C$39.43 on Thursday. The firm’s fifty day moving average is C$42.17 and its 200 day moving average is C$42.21. Trisura Group has a 52-week low of C$31.40 and a 52-week high of C$46.75. The company has a quick ratio of 0.22, a current ratio of 76.83 and a debt-to-equity ratio of 15.83. The company has a market cap of C$1.87 billion, a price-to-earnings ratio of 21.20 and a beta of 0.82.

Insider Transactions at Trisura Group

In other news, Director David James Clare sold 2,907 shares of the company’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of C$41.76, for a total value of C$121,396.32. Also, Director Michael Beasley sold 33,176 shares of Trisura Group stock in a transaction dated 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. Company insiders own 1.09% 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.