Trisura Group Ltd. (TSE:TSU) Stock Has Average Price Target of C$56.61

Shares of Trisura Group Ltd. (TSE:TSU) have been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is C$56.61.

Several research firms have commented on TSU. National Bank Financial lifted their target price on shares of Trisura Group from C$59.00 to C$60.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. ATB Cormark Capital Markets lowered their price objective on Trisura Group from C$55.00 to C$51.00 and set an “outperform” rating for the company in a research report on Tuesday, July 28th.

Trisura Group Price Performance

Shares of TSU opened at C$40.76 on Friday. Trisura Group has a 1-year low of C$36.02 and a 1-year high of C$51.00. The stock has a market cap of C$1.92 billion, a price-to-earnings ratio of 12.62 and a beta of 0.49. The firm has a 50 day simple moving average of C$41.65 and a 200-day simple moving average of C$42.73.

Trisura Group (TSE:TSU) last posted its quarterly earnings data on Thursday, August 6th. The company reported C$0.76 EPS for the quarter. The firm had revenue of C$198.42 million during the quarter. Trisura Group had a return on equity of 16.54% and a net margin of 4.80%. On average, equities analysts expect that Trisura Group will post 3.13 earnings per share for the current fiscal year.

Insider Activity at Trisura Group

In other news, Director Eileen Marie Sweeney sold 13,900 shares of the company’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of C$42.19, for a total transaction of C$586,441.00. Following the completion of the transaction, the director owned 139,710 shares of the company’s stock, valued at C$5,894,364.90. This represents a 9.05% decrease in their position. Over the last three months, insiders have sold 34,800 shares of company stock worth $1,457,139. Corporate insiders own 1.09% of the company’s stock.

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.