Trisura Group (TSE:TSU) PT Raised to C$52.00 at Royal Bank of Canada

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

Several other equities analysts also recently commented on TSU. National Bankshares raised their target price on Trisura Group from C$64.00 to C$65.00 and gave the stock an outperform rating in a research report on Monday, February 12th. CIBC boosted their target price on shares of Trisura Group from C$55.00 to C$60.00 and gave the company an outperform rating in a research note on Friday, May 3rd. Scotiabank increased their target price on shares of Trisura Group from C$56.00 to C$59.00 in a research report on Friday, April 26th. BMO Capital Markets boosted their price target on shares of Trisura Group from C$52.00 to C$54.00 in a research report on Monday. Finally, Cormark raised their price objective on shares of Trisura Group from C$51.00 to C$52.00 and gave the stock a buy rating in a report on Monday, February 12th. Nine research analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of Buy and an average price target of C$57.56.

Trisura Group Trading Up 0.4 %

Shares of Trisura Group stock opened at C$45.37 on Monday. The company’s fifty day moving average price is C$42.58 and its two-hundred day moving average price is C$37.62. The firm has a market capitalization of C$2.15 billion, a PE ratio of 31.95 and a beta of 0.81. Trisura Group has a 52-week low of C$29.05 and a 52-week high of C$46.08. The company has a debt-to-equity ratio of 13.67, a current ratio of 2.46 and a quick ratio of 0.22.

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. The firm had revenue of C$754.95 million during the quarter. Trisura Group had a net margin of 2.36% and a return on equity of 12.03%. On average, analysts expect that Trisura Group will post 2.7003195 EPS for the current year.

Insider Activity

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