Trisura Group (TSE:TSU) Given New C$67.00 Price Target at National Bankshares

Trisura Group (TSE:TSU) had its price target boosted by National Bankshares from C$65.00 to C$67.00 in a report issued on Monday, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

TSU has been the subject of several other research reports. Royal Bank of Canada increased their price target on Trisura Group from C$44.00 to C$52.00 and gave the company an outperform rating in a report on Monday. Cormark raised their price objective on 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. BMO Capital Markets increased their target price on shares of Trisura Group from C$52.00 to C$54.00 in a research note on Monday. Desjardins boosted their target price on Trisura Group from C$48.00 to C$53.00 and gave the company a buy rating in a research report on Monday. Finally, CIBC increased their target price on 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. Nine analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of Buy and an average target price of C$57.56.

Trisura Group Stock Down 1.0 %

Trisura Group stock opened at C$44.92 on Monday. The company has a quick ratio of 0.22, a current ratio of 2.46 and a debt-to-equity ratio of 13.67. Trisura Group has a 52 week low of C$29.05 and a 52 week high of C$46.08. The business’s 50-day moving average price is C$42.60 and its 200 day moving average price is C$37.67. The firm has a market cap of C$2.13 billion, a price-to-earnings ratio of 31.63 and a beta of 0.81.

Trisura Group (TSE:TSU) last posted its quarterly earnings data on Thursday, February 8th. The company reported C$0.54 EPS for the quarter, beating analysts’ consensus estimates of C$0.49 by C$0.05. Trisura Group had a return on equity of 12.03% and a net margin of 2.36%. The business had revenue of C$754.95 million during the quarter. As a group, sell-side analysts anticipate that Trisura Group will post 2.7003195 earnings per share for the current year.

Insider Activity

In other Trisura Group news, Director Michael Beasley sold 38,822 shares of the stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of C$43.28, for a total value of C$1,680,022.05. In related news, Director Chris Yoshio Sekine sold 55,518 shares of the stock in a transaction dated Wednesday, March 20th. The stock was 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 business’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of C$43.28, for a total transaction of C$1,680,022.05. Insiders sold 94,825 shares of company stock valued at $4,100,283 in the last three months. 1.10% of the stock is currently owned by company 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.