Trisura Group Ltd. (TSE:TSU) Stock Has Average Target Price of C$56.61

Trisura Group Ltd. (TSE:TSU) has earned a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is C$56.31.

A number of research firms recently weighed in on TSU. RBC Dominion Securities decreased their target price on Trisura Group from C$60.00 to C$54.00 and set an “outperform” rating on the stock in a report on Thursday. National Bank Financial increased their price target on 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 cut their price target on Trisura Group from C$58.50 to C$57.50 and set an “outperform” rating for the company in a report on Friday. Finally, ATB Cormark Capital Markets cut their price target on Trisura Group from C$55.00 to C$51.00 and set an “outperform” rating for the company in a report on Tuesday, July 28th.

Insider Activity at Trisura Group

In other news, Director Eileen Marie Sweeney sold 13,900 shares of the stock in a transaction dated Friday, August 28th. The shares were sold at an average price of C$42.19, for a total value of C$586,441.00. Following the transaction, the director directly owned 139,710 shares of the company’s stock, valued at C$5,894,364.90. This represents a 9.05% decrease in their ownership of the stock. Insiders have sold 34,800 shares of company stock valued at $1,457,139 in the last 90 days. 1.09% of the stock is owned by insiders.

Trisura Group Price Performance

TSE TSU traded down C$0.14 during trading on Friday, reaching C$41.17. 86,972 shares of the company’s stock were exchanged, compared to its average volume of 97,647. The business has a 50 day moving average price of C$41.55 and a 200-day moving average price of C$42.65. The stock has a market capitalization of C$1.94 billion, a P/E ratio of 12.75 and a beta of 0.49. Trisura Group has a fifty-two week low of C$36.02 and a fifty-two week high of C$51.00.

Trisura Group (TSE:TSU) last released its quarterly earnings data on Thursday, August 6th. The company reported C$0.76 earnings per share (EPS) for the quarter. Trisura Group had a return on equity of 16.54% and a net margin of 4.80%. The company had revenue of C$198.42 million during the quarter. On average, analysts forecast that Trisura Group will post 3.13 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.