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

Shares of Trisura Group Ltd. (TSE:TSU) have earned an average recommendation of “Moderate Buy” from the six research firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$56.61.

A number of equities analysts have weighed in on TSU shares. ATB Cormark Capital Markets decreased their price objective on shares of Trisura Group from C$55.00 to C$51.00 and set an “outperform” rating for the company in a research report on Tuesday, July 28th. National Bank Financial upped their target price on Trisura Group from C$59.00 to C$60.00 and gave the company an “outperform” rating in a research report on Monday, July 27th.

Trisura Group Price Performance

Shares of TSE TSU opened at C$42.22 on Tuesday. The company has a market capitalization of C$1.99 billion, a price-to-earnings ratio of 13.07 and a beta of 0.54. Trisura Group has a 1-year low of C$36.02 and a 1-year high of C$51.00. The business has a 50-day moving average of C$42.24 and a 200-day moving average of C$43.01.

Trisura Group (TSE:TSU) last released its quarterly earnings results on Thursday, August 6th. The company reported C$0.76 earnings per share for the quarter. The firm had revenue of C$198.42 million during the quarter. Trisura Group had a return on equity of 16.54% and a net margin of 4.80%. Research analysts expect that Trisura Group will post 3.1349036 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Eileen Marie Sweeney sold 13,900 shares of the business’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of C$42.19, for a total value of C$586,441.00. Following the completion of the sale, the director directly owned 139,710 shares of the company’s stock, valued at C$5,894,364.90. The trade was a 9.05% decrease in their ownership of the stock. In the last 90 days, insiders have sold 34,800 shares of company stock worth $1,457,139. Corporate insiders own 1.09% of the company’s stock.

About Trisura Group

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.