National Bankshares Issues Positive Forecast for Trisura Group (TSE:TSU) Stock Price

Trisura Group (TSE:TSU) had its price objective increased by National Bankshares from C$57.00 to C$59.00 in a report released on Wednesday,BayStreet.CA reports. They currently have an outperform rating on the stock.

A number of other research firms have also issued reports on TSU. Desjardins set a C$56.00 target price on Trisura Group and gave the company a “buy” rating in a report on Thursday, December 18th. Royal Bank Of Canada increased their price objective on Trisura Group from C$55.00 to C$57.00 in a research report on Monday, November 10th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$55.29.

Trisura Group Price Performance

Shares of TSU opened at C$44.50 on Wednesday. The company has a market capitalization of C$2.12 billion, a PE ratio of 17.38 and a beta of 0.32. Trisura Group has a one year low of C$30.77 and a one year high of C$47.42. The company’s fifty day moving average price is C$42.59 and its 200 day moving average price is C$40.85.

Trisura Group (TSE:TSU) last released its quarterly earnings results on Thursday, November 6th. The company reported C$0.71 earnings per share (EPS) for the quarter. The company had revenue of C$799.34 million during the quarter. Trisura Group had a net margin of 3.76% and a return on equity of 16.30%. Analysts anticipate that Trisura Group will post 3.1349036 earnings per share for the current year.

Trisura Group Company Profile

Trisura Group Ltd is a Canadian based company engages in the provision of specialty insurance. The company’s operations currently include specialty property and casualty insurance (Surety, Risk Solutions, and Corporate Insurance business lines), underwritten predominantly in Canada. The operating business segments are Trisura Guarantee, Trisura Specialty, and Trisura International. The Trisura Guarantee segment generates maximum revenue, which offers Surety, Risk Solutions and Corporate Insurance products underwritten in Canada as well as the operations of Trisura Warranty.