Trisura Group Ltd. (TSE:TSU) Receives Average Recommendation of “Buy” from Analysts

Trisura Group Ltd. (TSE:TSU) has been given a consensus rating of “Buy” by the six brokerages that are currently covering the company, Marketbeat Ratings reports. Six research analysts have rated the stock with a buy rating. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is C$55.13.

A number of brokerages have recently issued reports on TSU. Desjardins set a C$56.00 price target on Trisura Group and gave the stock a “buy” rating in a research note on Thursday, December 18th. Canadian Imperial Bank of Commerce set a C$59.00 target price on shares of Trisura Group and gave the stock an “outperform” rating in a research note on Friday, February 27th. National Bank Financial upped their target price on shares of Trisura Group from C$57.00 to C$59.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Finally, ATB Cormark Capital Markets increased their target price on shares of Trisura Group from C$46.75 to C$52.00 and gave the company an “outperform” rating in a research report on Friday, February 13th.

Trisura Group Stock Up 2.0%

TSU opened at C$43.85 on Tuesday. The company has a market cap of C$2.09 billion, a PE ratio of 14.97 and a beta of 0.34. Trisura Group has a twelve month low of C$30.77 and a twelve month high of C$51.00. The company has a 50-day moving average price of C$44.75 and a 200 day moving average price of C$41.67. The company has a quick ratio of 0.22, a current ratio of 16.58 and a debt-to-equity ratio of 16.98.

Trisura Group (TSE:TSU) last posted its quarterly earnings data on Thursday, February 12th. The company reported C$0.75 EPS for the quarter. Trisura Group had a return on equity of 16.30% and a net margin of 5.51%.The company had revenue of C$200.31 million during the quarter. Sell-side analysts expect that Trisura Group will post 3.1349036 earnings per share for the current fiscal 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.