BMO Capital Markets Increases Trisura Group (TSE:TSU) Price Target to C$54.00

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

Several other research firms have also recently issued reports on TSU. Scotiabank increased their target price on shares of Trisura Group from C$56.00 to C$59.00 in a research note on Friday, April 26th. Desjardins reaffirmed a buy rating on shares of Trisura Group in a report on Monday, April 22nd. Cormark boosted their price target on Trisura Group from C$51.00 to C$52.00 and gave the company a buy rating in a report on Monday, February 12th. National Bankshares lifted their target price on 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. Finally, Raymond James increased their target price on Trisura Group from C$54.00 to C$64.00 and gave the company an outperform rating in a research report on Monday, February 12th. Nine research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of Buy and a consensus price target of C$57.56.

Trisura Group Trading Down 1.0 %

Shares of Trisura Group stock opened at C$44.92 on Monday. 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 has a 12-month low of C$29.05 and a 12-month high of C$46.08. The business’s 50 day moving average is C$42.60 and its 200-day moving average is C$37.67. The stock has a market cap of C$2.13 billion, a P/E ratio of 31.63 and a beta of 0.81.

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

Insider Activity

In related news, Director Michael Beasley sold 38,822 shares of the 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. In other news, 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. 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 value of C$2,399,837.72. Over the last ninety days, insiders sold 94,825 shares of company stock valued at $4,100,283. 1.10% of the stock is currently 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.