Trisura Group (TSE:TSU) Price Target Raised to C$67.00

Trisura Group (TSE:TSU) had its price target increased by National Bankshares from C$65.00 to C$67.00 in a report issued on Monday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Other analysts have also issued research reports about the stock. Cormark lifted their price objective on shares of Trisura Group from C$51.00 to C$52.00 and gave the company a buy rating in a research note on Monday, February 12th. Scotiabank boosted their target price on Trisura Group from C$56.00 to C$59.00 in a research report on Friday, April 26th. CIBC increased their price target on Trisura Group from C$55.00 to C$60.00 and gave the stock an outperform rating in a report on Friday, May 3rd. Raymond James boosted their price objective on Trisura Group from C$54.00 to C$64.00 and gave the company an outperform rating in a report on Monday, February 12th. Finally, BMO Capital Markets lifted their price target on shares of Trisura Group from C$52.00 to C$54.00 in a research report on Monday. Nine analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of Buy and a consensus price target of C$57.56.

Trisura Group Stock Performance

Shares of TSU stock opened at C$45.37 on Monday. The stock has a market capitalization of C$2.15 billion, a PE ratio of 31.95 and a beta of 0.81. The business’s 50 day simple moving average is C$42.58 and its 200 day simple moving average is C$37.62. The company has a debt-to-equity ratio of 13.67, a current ratio of 2.46 and a quick ratio of 0.22. Trisura Group has a one year low of C$29.05 and a one year high of C$46.08.

Trisura Group (TSE:TSU) last announced its earnings results on Thursday, February 8th. The company reported C$0.54 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.49 by C$0.05. The business had revenue of C$754.95 million during the quarter. Trisura Group had a net margin of 2.36% and a return on equity of 12.03%. As a group, research analysts forecast that Trisura Group will post 2.7003195 earnings per share for the current year.

Insider Buying and Selling

In other Trisura Group news, Director Chris Yoshio Sekine sold 55,518 shares of Trisura Group stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of C$43.23, for a total transaction of C$2,399,837.72. In other news, Director Michael Beasley sold 38,822 shares of Trisura Group stock in a transaction on Thursday, March 7th. The stock was sold at an average price of C$43.28, for a total transaction of C$1,680,022.05. Also, Director Chris Yoshio Sekine sold 55,518 shares of the stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$43.23, for a total transaction of C$2,399,837.72. Over the last ninety days, insiders have sold 94,825 shares of company stock worth $4,100,283. 1.10% of the stock is owned by insiders.

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.