Trisura Group (TSE:TSU) PT Raised to C$59.00

Trisura Group (TSE:TSU) had its target price upped by analysts at Scotiabank from C$56.00 to C$59.00 in a report released on Friday, BayStreet.CA reports. Scotiabank’s price objective would indicate a potential upside of 38.34% from the company’s current price.

A number of other research analysts also recently weighed in on TSU. BMO Capital Markets increased their target price on shares of Trisura Group from C$49.00 to C$52.00 and gave the company an “outperform” rating in a research report on Monday, February 12th. Raymond James increased their target price on shares of Trisura Group from C$54.00 to C$64.00 and gave the company an “outperform” rating in a research report on Monday, February 12th. Cormark increased their target price on shares of Trisura Group from C$51.00 to C$52.00 and gave the company a “buy” rating in a research report on Monday, February 12th. Desjardins reissued a “buy” rating on shares of Trisura Group in a research report on Monday, April 22nd. Finally, CIBC increased their target price on shares of Trisura Group from C$50.00 to C$55.00 and gave the company an “outperform” rating in a research report on Monday, February 12th. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat, Trisura Group has an average rating of “Buy” and a consensus price target of C$56.00.

Trisura Group Trading Down 2.0 %

Shares of TSU stock opened at C$42.65 on Friday. Trisura Group has a 52-week low of C$29.05 and a 52-week high of C$44.83. The company has a debt-to-equity ratio of 13.67, a quick ratio of 0.22 and a current ratio of 2.46. The company has a 50-day simple moving average of C$42.43 and a two-hundred day simple moving average of C$36.85. The company has a market capitalization of C$2.02 billion, a price-to-earnings ratio of 284.33 and a beta of 0.82.

Trisura Group (TSE:TSU) last issued its quarterly earnings data on Thursday, February 8th. The company reported C$0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.49 by C$0.05. Trisura Group had a net margin of 2.36% and a return on equity of 12.03%. The business had revenue of C$754.95 million during the quarter. Research analysts anticipate that Trisura Group will post 2.7177792 EPS for the current fiscal year.

Insiders Place Their Bets

In other Trisura Group news, Director Chris Yoshio Sekine sold 55,518 shares of the 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 value of C$2,399,837.72. In other Trisura Group news, Director Chris Yoshio Sekine sold 55,518 shares of the 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 value of C$2,399,837.72. Also, Director Michael Beasley sold 38,822 shares of the stock in a transaction that occurred 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. Insiders have sold 94,825 shares of company stock worth $4,100,283 in the last three months. 1.62% of the stock is currently owned by corporate insiders.

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.