National Bankshares Boosts Trisura Group (TSE:TSU) Price Target to C$59.00

Trisura Group (TSE:TSU) had its price target upped by stock analysts at National Bankshares from C$57.00 to C$59.00 in a report released on Wednesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ price target would indicate a potential upside of 32.08% from the stock’s previous close.

TSU has been the subject of several other research reports. Royal Bank Of Canada raised their price target on Trisura Group from C$55.00 to C$57.00 in a report on Monday, November 10th. Desjardins set a C$56.00 target price on shares of Trisura Group and gave the company a “buy” rating in a report on Thursday, December 18th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of C$55.29.

Trisura Group Trading Up 5.4%

Trisura Group stock traded up C$2.30 during mid-day trading on Wednesday, hitting C$44.67. The stock had a trading volume of 40,430 shares, compared to its average volume of 84,376. The firm has a market capitalization of C$2.13 billion, a P/E ratio of 17.45 and a beta of 0.32. The firm’s 50 day moving average is C$42.50 and its 200 day moving average is C$40.83. Trisura Group has a one year low of C$30.77 and a one year high of C$47.42.

Trisura Group (TSE:TSU) last released its quarterly earnings data on Thursday, November 6th. The company reported C$0.71 earnings per share (EPS) for the quarter. The firm had revenue of C$799.34 million for the quarter. Trisura Group had a net margin of 3.76% and a return on equity of 16.30%. As a group, equities research analysts forecast that Trisura Group will post 3.1349036 earnings per share for the current year.

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.