Trisura Group Ltd. (TSE:TSU) Receives C$57.44 Consensus PT from Analysts

Shares of Trisura Group Ltd. (TSE:TSU) have earned a consensus rating of “Buy” from the nine analysts that are covering the stock, Marketbeat reports. Nine research analysts have rated the stock with a buy rating. The average 12-month price objective among brokers that have covered the stock in the last year is C$57.44.

Several equities research analysts have recently weighed in on the stock. Scotiabank upped their price target on shares of Trisura Group from C$62.00 to C$63.00 and gave the stock an “outperform” rating in a research report on Friday, August 2nd. TD Securities set a C$52.00 price objective on shares of Trisura Group and gave the stock a “buy” rating in a research note on Thursday, September 19th.

Insider Transactions at Trisura Group

In other Trisura Group news, Director Michael Beasley sold 33,176 shares of Trisura Group stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of C$39.95, for a total transaction of C$1,325,530.49. In other Trisura Group news, Director Michael Beasley sold 33,176 shares of Trisura Group stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of C$39.95, for a total transaction of C$1,325,530.49. Also, Director David James Clare sold 2,907 shares of the business’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of C$41.76, for a total value of C$121,396.32. Company insiders own 1.09% of the company’s stock.

Trisura Group Stock Down 1.1 %

TSE:TSU opened at C$44.08 on Friday. The stock has a fifty day simple moving average of C$42.10 and a 200-day simple moving average of C$42.26. The company has a current ratio of 76.83, a quick ratio of 0.22 and a debt-to-equity ratio of 15.83. The company has a market cap of C$2.10 billion, a price-to-earnings ratio of 23.70 and a beta of 0.82. Trisura Group has a twelve month low of C$29.39 and a twelve month high of C$46.75.

Trisura Group (TSE:TSU) last issued its earnings results on Thursday, August 1st. The company reported C$0.65 EPS for the quarter, missing analysts’ consensus estimates of C$0.66 by C($0.01). The company had revenue of C$772.20 million for the quarter. Trisura Group had a return on equity of 14.65% and a net margin of 2.92%. Analysts anticipate that Trisura Group will post 3.1349036 EPS for the current year.

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.