Trisura Group (TSE:TSU) Price Target Increased to C$67.00 by Analysts at National Bankshares

Trisura Group (TSE:TSU) had its price target boosted by research analysts at National Bankshares from C$65.00 to C$67.00 in a note issued to investors on Monday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price objective would suggest a potential upside of 48.20% from the company’s current price.

Other analysts also recently issued research reports about the stock. Royal Bank of Canada raised their price objective on shares of Trisura Group from C$44.00 to C$52.00 and gave the stock an “outperform” rating in a research report on Monday. Scotiabank lifted their price target on shares of Trisura Group from C$56.00 to C$59.00 in a research report on Friday, April 26th. 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. Cormark lifted their price target 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. Finally, CIBC lifted their price target on shares of Trisura Group from C$55.00 to C$60.00 and gave the company an “outperform” rating in a research report on Friday, May 3rd. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$57.56.

Trisura Group Stock Down 0.2 %

Shares of TSE TSU opened at C$45.21 on Monday. The company has a 50 day simple moving average of C$42.56 and a 200 day simple moving average of C$37.57. The firm has a market cap of C$2.14 billion, a PE ratio of 31.84 and a beta of 0.81. Trisura Group has a 1 year low of C$29.05 and a 1 year high of C$46.08. 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 (TSE:TSU) last released its quarterly earnings results on Thursday, February 8th. The company reported C$0.54 earnings per share (EPS) for the quarter, topping 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 firm had revenue of C$754.95 million during the quarter. On average, research analysts forecast that Trisura Group will post 2.7003195 EPS for the current year.

Insider Transactions at Trisura Group

In other news, Director Chris Yoshio Sekine sold 55,518 shares of Trisura Group stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of C$43.23, for a total transaction of C$2,399,837.72. In related news, Director Chris Yoshio Sekine sold 55,518 shares of the business’s stock in a transaction dated Wednesday, March 20th. The stock was 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 business’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. Insiders have sold 94,825 shares of company stock worth $4,100,283 in the last ninety days. Company insiders own 1.10% of the company’s stock.

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.