Trisura Group (TSE:TSU) PT Raised to C$59.00

Trisura Group (TSE:TSU) had its price objective increased by Scotiabank from C$56.00 to C$59.00 in a research report sent to investors on Friday, BayStreet.CA reports.

Several other equities research analysts also recently weighed in on TSU. Raymond James lifted their price target on shares of Trisura Group from C$54.00 to C$64.00 and gave the company an outperform rating in a research note on Monday, February 12th. BMO Capital Markets lifted their price target on shares of Trisura Group from C$49.00 to C$52.00 and gave the company an outperform rating in a research note on Monday, February 12th. Desjardins reaffirmed a buy rating on shares of Trisura Group in a research note on Monday, April 22nd. Cormark lifted their price target on shares of Trisura Group from C$51.00 to C$52.00 and gave the company a buy rating in a research note on Monday, February 12th. Finally, National Bankshares lifted their price target on shares of Trisura Group from C$64.00 to C$65.00 and gave the company an outperform rating in a research note on Monday, February 12th. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Trisura Group currently has a consensus rating of Buy and an average target price of C$56.00.

Trisura Group Price Performance

Shares of TSE TSU opened at C$42.45 on Friday. Trisura Group has a twelve month low of C$29.05 and a twelve month high of C$44.83. The firm has a fifty day simple moving average of C$42.43 and a 200 day simple moving average of C$36.94. The company has a market capitalization of C$2.01 billion, a PE ratio of 283.60 and a beta of 0.82. The company has a quick ratio of 0.22, a current ratio of 2.46 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 for the quarter, topping analysts’ consensus estimates 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 during the quarter. On average, sell-side analysts forecast that Trisura Group will post 2.7177792 EPS for the current year.

Insider Activity

In other news, Director Chris Yoshio Sekine sold 55,518 shares of Trisura Group stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$43.23, for a total transaction of C$2,399,837.72. In other news, Director Chris Yoshio Sekine sold 55,518 shares of Trisura Group stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$43.23, for a total transaction of C$2,399,837.72. Also, Director Michael Beasley sold 38,822 shares of the business’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of C$43.28, for a total transaction of C$1,680,022.05. Insiders sold 94,825 shares of company stock worth $4,100,283 over the last three months. 1.62% of the stock is currently owned by insiders.

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.