Trisura Group (TSE:TSU) Given New C$60.00 Price Target at National Bank Financial

Trisura Group (TSE:TSU) had its price objective lifted by National Bank Financial from C$59.00 to C$60.00 in a report published on Monday,BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock.

Several other equities research analysts also recently issued reports on TSU. Scotiabank downgraded Trisura Group from a “sector outperform” rating to a “sector perform” rating and set a C$52.00 price target for the company. in a report on Tuesday, April 28th. Raymond James Financial raised their price objective on Trisura Group from C$57.00 to C$57.25 and gave the company an “outperform” rating in a research note on Friday, May 8th. Finally, Desjardins set a C$60.00 price objective on Trisura Group and gave the company a “buy” rating in a research note on Monday, April 27th. Six research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$56.78.

Trisura Group Price Performance

TSU stock opened at C$43.90 on Monday. The company has a market capitalization of C$2.07 billion, a P/E ratio of 14.16 and a beta of 0.55. The company has a debt-to-equity ratio of 23.38, a quick ratio of 0.22 and a current ratio of 23.58. Trisura Group has a 52-week low of C$36.02 and a 52-week high of C$51.00. The business has a 50-day simple moving average of C$42.88 and a two-hundred day simple moving average of C$43.88.

Trisura Group (TSE:TSU) last issued its quarterly earnings data on Thursday, May 7th. The company reported C$0.78 EPS for the quarter. Trisura Group had a return on equity of 16.65% and a net margin of 4.72%.The firm had revenue of C$804.85 million during the quarter. Research analysts expect that Trisura Group will post 3.1349036 EPS for the current fiscal year.

Insider Buying and Selling

In other Trisura Group news, Director Eileen Marie Sweeney sold 34,800 shares of Trisura Group stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of C$40.84, for a total transaction of C$1,421,232.00. Following the transaction, the director owned 139,710 shares of the company’s stock, valued at C$5,705,756.40. This trade represents a 19.94% decrease in their position. Company insiders own 1.09% of the company’s stock.

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.