Trisura Group (TSE:TSU) Trading 1.9% Higher – Still a Buy?

Trisura Group Ltd. (TSE:TSU)’s stock price rose 1.9% on Monday . The stock traded as high as C$42.54 and last traded at C$42.33. Approximately 67,087 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 84,806 shares. The stock had previously closed at C$41.53.

Analyst Ratings Changes

Several research analysts have commented on TSU shares. Desjardins set a C$56.00 target price on Trisura Group and gave the stock a “buy” rating in a research note on Thursday, December 18th. Royal Bank Of Canada upped their price objective on shares of Trisura Group from C$55.00 to C$57.00 in a research note on Monday, November 10th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$54.67.

Trisura Group Stock Up 1.9%

The firm’s 50 day simple moving average is C$42.46 and its two-hundred day simple moving average is C$40.84. The stock has a market capitalization of C$2.01 billion, a P/E ratio of 16.54 and a beta of 0.20.

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

Trisura Group Company Profile

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.