Trisura Group Ltd. (TSE:TSU) Given Average Recommendation of “Buy” by Brokerages

Trisura Group Ltd. (TSE:TSU) has been assigned a consensus recommendation of “Buy” from the nine analysts that are presently covering the stock, Marketbeat reports. Nine investment analysts have rated the stock with a buy rating. The average 12-month price target among brokerages that have covered the stock in the last year is C$56.00.

Several research analysts recently issued reports on TSU shares. Scotiabank increased their price target on shares of Trisura Group from C$56.00 to C$59.00 in a research report on Friday. National Bankshares raised their target price on Trisura Group from C$64.00 to C$65.00 and gave the stock an “outperform” rating in a research report on Monday, February 12th. BMO Capital Markets increased their price objective on Trisura Group from C$49.00 to C$52.00 and gave the stock an “outperform” rating in a research note on Monday, February 12th. Desjardins restated a “buy” rating on shares of Trisura Group in a research note on Monday, April 22nd. Finally, Cormark upped their target price on shares of Trisura Group from C$51.00 to C$52.00 and gave the stock a “buy” rating in a report on Monday, February 12th.

Insider Transactions at Trisura Group

In other Trisura Group news, Director Michael Beasley sold 38,822 shares of the firm’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of C$43.28, for a total value of C$1,680,022.05. In other Trisura Group news, Director Michael Beasley sold 38,822 shares of the company’s 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 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. Over the last quarter, insiders have sold 94,825 shares of company stock worth $4,100,283. Insiders own 1.62% of the company’s stock.

Trisura Group Stock Performance

Shares of TSE TSU opened at C$42.65 on Friday. Trisura Group has a one year low of C$29.05 and a one year high of C$44.83. The company has a current ratio of 2.46, a quick ratio of 0.22 and a debt-to-equity ratio of 13.67. The business has a fifty day simple moving average of C$42.43 and a 200 day simple moving average of C$36.85. The firm 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 announced its quarterly earnings data on Thursday, February 8th. The company reported C$0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.49 by C$0.05. The company 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%. Sell-side analysts expect that Trisura Group will post 2.7177792 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.