Trisura Group Ltd. (TSE:TSU) Given Average Rating of “Buy” by Brokerages

Trisura Group Ltd. (TSE:TSU) has been given a consensus recommendation of “Buy” by the nine analysts that are covering the stock, MarketBeat reports. Nine research analysts have rated the stock with a buy rating. The average twelve-month price objective among brokerages that have covered the stock in the last year is C$57.44.

TSU has been the subject of several recent research reports. TD Securities set a C$52.00 target price on shares of Trisura Group and gave the company a “buy” rating in a report on Thursday, September 19th. Scotiabank raised their price objective on shares of Trisura Group from C$62.00 to C$63.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd.

Insider Activity at Trisura Group

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

Trisura Group Trading Down 1.3 %

TSE:TSU opened at C$40.05 on Thursday. Trisura Group has a 52-week low of C$31.40 and a 52-week high of C$46.75. The company has a quick ratio of 0.22, a current ratio of 76.83 and a debt-to-equity ratio of 15.83. The stock has a fifty day simple moving average of C$42.17 and a 200-day simple moving average of C$42.27. The company has a market capitalization of C$1.90 billion, a PE ratio of 21.53 and a beta of 0.82.

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.