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

Shares of Trisura Group Ltd. (TSE:TSU) have been given an average rating of “Moderate Buy” by the seven analysts that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is C$56.66.

TSU has been the subject of several research analyst reports. Scotiabank lowered shares of Trisura Group from a “sector outperform” rating to a “sector perform” rating and set a C$52.00 price target for the company. in a research report on Tuesday, April 28th. Raymond James Financial boosted their price objective on shares of Trisura Group from C$57.00 to C$57.25 and gave the company an “outperform” rating in a research note on Friday, May 8th. Finally, Desjardins set a C$60.00 target price on Trisura Group and gave the stock a “buy” rating in a research report on Monday, April 27th.

Insider Activity at Trisura Group

In other news, Director Eileen Marie Sweeney sold 34,800 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of C$40.84, for a total value of C$1,421,232.00. Following the transaction, the director directly owned 139,710 shares in the company, valued at C$5,705,756.40. This trade represents a 19.94% decrease in their position. 1.09% of the stock is currently owned by company insiders.

Trisura Group Stock Performance

TSE TSU opened at C$44.37 on Thursday. The business’s 50-day moving average price is C$42.57 and its 200 day moving average price is C$43.67. The company has a current ratio of 23.58, a quick ratio of 0.22 and a debt-to-equity ratio of 23.38. Trisura Group has a twelve month low of C$36.02 and a twelve month high of C$51.00. The company has a market capitalization of C$2.10 billion, a PE ratio of 14.31 and a beta of 0.64.

Trisura Group (TSE:TSU) last posted its quarterly earnings data on Thursday, May 7th. The company reported C$0.78 EPS for the quarter. Trisura Group had a net margin of 4.72% and a return on equity of 16.65%. The company had revenue of C$804.85 million during the quarter. On average, research analysts predict 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.