Trisura Group Ltd. (TSE:TSU – Get Free Report) shares hit a new 52-week high during trading on Friday after CIBC raised their price target on the stock from C$55.00 to C$60.00. CIBC currently has an outperform rating on the stock. Trisura Group traded as high as C$46.08 and last traded at C$45.87, with a volume of 30619 shares traded. The stock had previously closed at C$42.63.
Several other equities analysts have also commented on the stock. National Bankshares upped their price target on shares of 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. Raymond James upped their target price on shares of Trisura Group from C$54.00 to C$64.00 and gave the stock an “outperform” rating in a research report on Monday, February 12th. Scotiabank lifted their price target on Trisura Group from C$56.00 to C$59.00 in a report on Friday, April 26th. Desjardins reiterated a “buy” rating on shares of Trisura Group in a research report on Monday, April 22nd. Finally, Cormark raised their target price on 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. Nine investment 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 target price of C$56.63.
Read Our Latest Stock Report on TSU
Insider Activity
Trisura Group Stock Up 5.3 %
The business’s 50 day simple moving average is C$42.45 and its 200 day simple moving average is C$37.18. The company has a market capitalization of C$2.13 billion, a PE ratio of 31.60 and a beta of 0.81. The company has a quick ratio of 0.22, a current ratio of 2.46 and a debt-to-equity ratio of 13.67.
Trisura Group (TSE:TSU – Get Free Report) last issued its quarterly earnings results on Thursday, February 8th. The company reported C$0.54 EPS for the quarter, beating the consensus estimate 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. As a group, analysts forecast that Trisura Group Ltd. will post 2.7003195 EPS for the current year.
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.
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