Trisura Group (TSE:TSU) Given a C$60.00 Price Target at Desjardins

Desjardins set a C$60.00 target price on Trisura Group (TSE:TSU) in a research note published on Monday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Other analysts have also issued research reports about the company. ATB Cormark Capital Markets upped their price objective on Trisura Group from C$46.75 to C$52.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. National Bank Financial upped their price objective on Trisura Group from C$57.00 to C$59.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Finally, Canadian Imperial Bank of Commerce set a C$59.00 price objective on Trisura Group and gave the company an “outperform” rating in a research note on Friday, February 27th. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Trisura Group presently has a consensus rating of “Buy” and a consensus target price of C$55.63.

Trisura Group Price Performance

TSE:TSU opened at C$44.25 on Monday. The company has a quick ratio of 0.22, a current ratio of 16.58 and a debt-to-equity ratio of 16.98. The stock’s 50 day moving average price is C$44.96 and its two-hundred day moving average price is C$42.63. The firm has a market capitalization of C$2.11 billion, a price-to-earnings ratio of 15.10 and a beta of 0.41. Trisura Group has a 12-month low of C$35.98 and a 12-month high of C$51.00.

Trisura Group (TSE:TSU) last released its quarterly earnings data on Thursday, February 12th. The company reported C$0.75 earnings per share (EPS) for the quarter. The firm had revenue of C$200.31 million for the quarter. Trisura Group had a return on equity of 16.30% and a net margin of 5.51%. On average, 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.