Trisura Group (TSE:TSU) Price Target Raised to C$52.00

Trisura Group (TSE:TSU) had its target price boosted by Royal Bank of Canada from C$44.00 to C$52.00 in a report published on Monday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other research firms have also recently commented on TSU. Scotiabank lifted their price target on Trisura Group from C$56.00 to C$59.00 in a research note on Friday, April 26th. Cormark boosted their target price on shares of Trisura Group from C$51.00 to C$52.00 and gave the stock a buy rating in a research report on Monday, February 12th. CIBC upped their price target on shares of Trisura Group from C$55.00 to C$60.00 and gave the stock an outperform rating in a research note on Friday, May 3rd. BMO Capital Markets increased their target price on shares of Trisura Group from C$52.00 to C$54.00 in a report on Monday. Finally, Raymond James lifted their price target on shares of Trisura Group from C$54.00 to C$64.00 and gave the company an outperform rating in a research report on Monday, February 12th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Trisura Group has an average rating of Buy and an average price target of C$57.56.

Trisura Group Trading Up 0.4 %

TSE TSU opened at C$45.37 on Monday. The company has a debt-to-equity ratio of 13.67, a quick ratio of 0.22 and a current ratio of 2.46. Trisura Group has a one year low of C$29.05 and a one year high of C$46.08. The firm’s fifty day moving average is C$42.58 and its two-hundred day moving average is C$37.62. The firm has a market cap of C$2.15 billion, a PE ratio of 31.95 and a beta of 0.81.

Trisura Group (TSE:TSU) last posted its quarterly earnings results on Thursday, February 8th. The company reported C$0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.49 by C$0.05. Trisura Group had a net margin of 2.36% and a return on equity of 12.03%. The firm had revenue of C$754.95 million during the quarter. Analysts expect that Trisura Group will post 2.7003195 earnings per share for the current year.

Insider Activity at Trisura Group

In other news, Director Chris Yoshio Sekine sold 55,518 shares of the business’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of C$43.23, for a total value of C$2,399,837.72. In related news, Director Chris Yoshio Sekine sold 55,518 shares of the company’s stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of C$43.23, for a total transaction of C$2,399,837.72. Also, Director Michael Beasley sold 38,822 shares of the firm’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of C$43.28, for a total value of C$1,680,022.05. In the last 90 days, insiders have sold 94,825 shares of company stock valued at $4,100,283. 1.10% of the stock is owned by corporate insiders.

About Trisura Group

Trisura Group Ltd., a specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally. The company operates through Trisura Canada and Trisura the United States segments. It also offers risk solutions, fronting, and insurance products, as well as provides business underwriting services.