Trisura Group (TSE:TSU) PT Raised to C$53.00 at Desjardins

Trisura Group (TSE:TSU) had its price objective hoisted by Desjardins from C$48.00 to C$53.00 in a report issued on Monday, BayStreet.CA reports. They currently have a buy rating on the stock.

Other research analysts have also recently issued reports about the company. Royal Bank of Canada upped their price objective on Trisura Group from C$44.00 to C$52.00 and gave the stock an outperform rating in a research report on Monday. Cormark increased their price target on Trisura Group from C$51.00 to C$52.00 and gave the stock a buy rating in a research note on Monday, February 12th. CIBC increased their price objective on shares of Trisura Group from C$55.00 to C$60.00 and gave the company an outperform rating in a research report on Friday, May 3rd. Raymond James raised their target price on shares of Trisura Group from C$54.00 to C$64.00 and gave the stock an outperform rating in a report on Monday, February 12th. Finally, Scotiabank raised their target price 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, According to MarketBeat, the stock currently has an average rating of Buy and a consensus target price of C$57.56.

Trisura Group Stock Down 1.0 %

Shares of TSE:TSU opened at C$44.92 on Monday. The stock has a market capitalization of C$2.13 billion, a price-to-earnings ratio of 31.63 and a beta of 0.81. Trisura Group has a 12-month low of C$29.05 and a 12-month high of C$46.08. The stock has a fifty day simple moving average of C$42.60 and a two-hundred day simple moving average of C$37.67. The company has a current ratio of 2.46, a quick ratio of 0.22 and a debt-to-equity ratio of 13.67.

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

Insider Activity at Trisura Group

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