Trisura Group Ltd. (TSE:TSU) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Trisura Group Ltd. (TSE:TSU) have earned an average recommendation of “Moderate Buy” from the seven analysts that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$56.66.

TSU has been the topic of several analyst reports. Raymond James Financial lifted their price target on shares of Trisura Group from C$57.00 to C$57.25 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Canadian Imperial Bank of Commerce set a C$59.00 price target on shares of Trisura Group and gave the stock an “outperform” rating in a research note on Friday, February 27th. Scotiabank downgraded shares of Trisura Group from a “sector outperform” rating to a “sector perform” rating and set a C$52.00 price target on the stock. in a research note on Tuesday, April 28th. ATB Cormark Capital Markets lifted their price target on shares of Trisura Group from C$46.75 to C$52.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Finally, Desjardins set a C$60.00 target price on shares of Trisura Group and gave the stock a “buy” rating in a research report on Monday, April 27th.

Trisura Group Trading Up 0.6%

Shares of TSU stock opened at C$41.68 on Wednesday. Trisura Group has a 52 week low of C$36.02 and a 52 week high of C$51.00. The company has a market cap of C$1.97 billion, a PE ratio of 13.45 and a beta of 0.42. The company’s fifty day simple moving average is C$44.34 and its 200-day simple moving average is C$42.98.

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

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.