National Bankshares Raises Trisura Group (TSE:TSU) Price Target to C$64.00

Trisura Group (TSE:TSUGet Free Report) had its target price hoisted by research analysts at National Bankshares from C$62.00 to C$64.00 in a research report issued on Monday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price target suggests a potential upside of 68.29% from the company’s current price.

Several other equities analysts also recently commented on TSU. Royal Bank of Canada set a C$40.00 price objective on Trisura Group and gave the company an “outperform” rating in a research report on Wednesday, December 6th. CIBC cut their price objective on Trisura Group from C$55.00 to C$50.00 and set an “outperform” rating on the stock in a research report on Thursday, October 26th. Finally, Scotiabank upped their price objective on Trisura Group from C$50.00 to C$54.00 and gave the company an “outperform” rating in a research report on Wednesday, January 31st. Seven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of C$52.50.

View Our Latest Stock Analysis on TSU

Trisura Group Stock Performance

TSE TSU opened at C$38.03 on Monday. The company has a market cap of C$1.80 billion, a P/E ratio of 253.53 and a beta of 0.76. The company has a debt-to-equity ratio of 14.19, a quick ratio of 0.22 and a current ratio of 54.49. The business’s 50 day moving average price is C$34.52 and its 200-day moving average price is C$32.89. Trisura Group has a fifty-two week low of C$29.05 and a fifty-two week high of C$44.74.

Insider Buying and Selling

In other Trisura Group news, Director George Myhal purchased 20,000 shares of the firm’s stock in a transaction on Friday, January 12th. The stock was bought at an average cost of C$33.44 per share, for a total transaction of C$668,800.00. 1.62% of the stock is currently owned by company insiders.

About Trisura Group

(Get Free Report)

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 offers contract surety bonds, such as performance, and labor and material payment bonds primarily for the construction industry; commercial surety bonds, including license and permit, tax and excise, and fiduciary bonds to governments, regulatory bodies, or courts to guarantee compliance with legal or fiduciary obligations; and developer surety bonds comprising bonds to secure real estate developers' legislated deposit and warranty obligations on residential projects.

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Analyst Recommendations for Trisura Group (TSE:TSU)

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