Trisura Group Ltd. (TSE:TSU) Given Average Recommendation of “Buy” by Analysts

Shares of Trisura Group Ltd. (TSE:TSUGet Free Report) have been assigned a consensus recommendation of “Buy” from the eight analysts that are covering the stock, Marketbeat Ratings reports. Eight analysts have rated the stock with a buy rating. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$55.63.

A number of equities research analysts have weighed in on TSU shares. Cormark upped their price target on shares of Trisura Group from C$51.00 to C$52.00 and gave the company a “buy” rating in a report on Monday. Royal Bank of Canada increased their target price on shares of Trisura Group from C$40.00 to C$44.00 and gave the company an “outperform” rating in a research note on Monday. Scotiabank lifted their price target on shares of Trisura Group from C$54.00 to C$56.00 and gave the stock an “outperform” rating in a research report on Friday. National Bankshares upped their price target on Trisura Group from C$64.00 to C$65.00 and gave the company an “outperform” rating in a report on Monday. Finally, CIBC raised their price objective on Trisura Group from C$50.00 to C$55.00 and gave the stock an “outperform” rating in a research note on Monday.

Check Out Our Latest Report on Trisura Group

Trisura Group Trading Up 1.1 %

Shares of Trisura Group stock opened at C$39.41 on Tuesday. The business has a fifty day simple moving average of C$34.87 and a 200-day simple moving average of C$32.97. Trisura Group has a fifty-two week low of C$29.05 and a fifty-two week high of C$39.71. The firm has a market cap of C$1.87 billion, a price-to-earnings ratio of 262.73 and a beta of 0.80. The company has a quick ratio of 0.22, a current ratio of 54.49 and a debt-to-equity ratio of 14.19.

Insider Buying and Selling at Trisura Group

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

Trisura Group Company Profile

(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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