Trisura Group (TSE:TSU) Price Target Raised to C$54.00

Trisura Group (TSE:TSU) had its target price increased by BMO Capital Markets from C$52.00 to C$54.00 in a report published on Monday, BayStreet.CA reports.

A number of other research firms also recently commented on TSU. Raymond James increased their price objective on Trisura Group from C$54.00 to C$64.00 and gave the stock an outperform rating in a report on Monday, February 12th. Royal Bank of Canada raised their price target on shares of Trisura Group from C$40.00 to C$44.00 and gave the company an outperform rating in a report on Monday, February 12th. National Bankshares upped their price objective on shares of Trisura Group from C$64.00 to C$65.00 and gave the stock an outperform rating in a report on Monday, February 12th. Desjardins restated a buy rating on shares of Trisura Group in a report on Monday, April 22nd. Finally, Scotiabank upped their price target on Trisura Group from C$56.00 to C$59.00 in a research note on Friday, April 26th. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Trisura Group currently has a consensus rating of Buy and an average price target of C$57.56.

Trisura Group Stock Up 0.4 %

Shares of TSE:TSU opened at C$45.37 on Monday. Trisura Group has a 52 week low of C$29.05 and a 52 week high of C$46.08. The company has a debt-to-equity ratio of 13.67, a quick ratio of 0.22 and a current ratio of 2.46. The company has a market cap of C$2.15 billion, a PE ratio of 31.95 and a beta of 0.81. The firm has a 50 day simple moving average of C$42.58 and a 200 day simple moving average of C$37.62.

Trisura Group (TSE:TSU) last posted its quarterly earnings results on Thursday, February 8th. The company reported C$0.54 earnings per share for the quarter, beating the consensus estimate of C$0.49 by C$0.05. The firm had revenue of C$754.95 million for the quarter. Trisura Group had a return on equity of 12.03% and a net margin of 2.36%. As a group, research analysts expect that Trisura Group will post 2.7003195 earnings per share for the current year.

Insider Activity at Trisura Group

In other news, Director Chris Yoshio Sekine sold 55,518 shares of the company’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$43.23, for a total value of C$2,399,837.72. In other Trisura Group news, Director Chris Yoshio Sekine sold 55,518 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$43.23, for a total value of C$2,399,837.72. Also, Director Michael Beasley sold 38,822 shares of the business’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of C$43.28, for a total value of C$1,680,022.05. Insiders have sold a total of 94,825 shares of company stock valued at $4,100,283 in the last 90 days. 1.10% of the stock is owned by corporate insiders.

Trisura Group Company Profile

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.