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

Shares of Trisura Group Ltd. (TSE:TSU) have earned a consensus recommendation of “Moderate Buy” from the seven brokerages that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is C$56.66.

A number of equities research analysts have weighed in on the stock. ATB Cormark Capital Markets decreased their price target on shares of Trisura Group from C$55.00 to C$51.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 28th. Scotiabank cut shares of Trisura Group from a “sector outperform” rating to a “sector perform” rating and set a C$52.00 target price on the stock. in a research note on Tuesday, April 28th. Desjardins set a C$60.00 price target on shares of Trisura Group and gave the stock a “buy” rating in a research report on Monday, April 27th. Raymond James Financial raised their price target on shares of Trisura Group from C$57.00 to C$57.25 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Finally, National Bank Financial lifted their price objective on Trisura Group from C$59.00 to C$60.00 and gave the company an “outperform” rating in a report on Monday, July 27th.

Insider Activity

In related news, Director Eileen Marie Sweeney sold 34,800 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of C$40.84, for a total transaction of C$1,421,232.00. Following the completion of the transaction, the director owned 139,710 shares in the company, valued at C$5,705,756.40. This trade represents a 19.94% decrease in their position. Insiders own 1.09% of the company’s stock.

Trisura Group Price Performance

Shares of TSU stock opened at C$41.66 on Monday. The stock has a 50 day moving average of C$43.01 and a two-hundred day moving average of C$43.81. 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 12 month low of C$36.02 and a 12 month high of C$51.00. The company has a market capitalization of C$1.97 billion, a P/E ratio of 13.44 and a beta of 0.55.

Trisura Group (TSE:TSU) last announced its quarterly earnings data on Thursday, May 7th. The company reported C$0.78 earnings per share for the quarter. The company had revenue of C$804.85 million for the quarter. Trisura Group had a return on equity of 16.65% and a net margin of 4.72%. As a group, equities analysts expect that Trisura Group will post 3.1349036 EPS 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.