Trisura Group (TSE:TSU) PT Set at C$52.00 by TD Securities

TD Securities set a C$52.00 target price on Trisura Group (TSE:TSU) in a research report released on Thursday morning, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Separately, Scotiabank boosted their price objective on Trisura Group from C$62.00 to C$63.00 and gave the stock an outperform rating in a research report on Friday, August 2nd. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of Buy and an average target price of C$57.44.

Trisura Group Stock Performance

Shares of TSU stock opened at C$43.51 on Thursday. The company has a debt-to-equity ratio of 15.83, a current ratio of 76.83 and a quick ratio of 0.22. The firm has a 50-day moving average of C$42.01 and a 200-day moving average of C$42.15. Trisura Group has a one year low of C$29.05 and a one year high of C$46.75. The company has a market cap of C$2.07 billion, a P/E ratio of 23.39 and a beta of 0.82.

Trisura Group (TSE:TSU) last posted its quarterly earnings data on Thursday, August 1st. The company reported C$0.65 EPS for the quarter, missing the consensus estimate of C$0.66 by C($0.01). Trisura Group had a net margin of 2.92% and a return on equity of 14.65%. The firm had revenue of C$772.20 million during the quarter. Equities research analysts forecast that Trisura Group will post 3.1264456 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Michael Beasley sold 33,176 shares of the company’s stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of C$39.95, for a total transaction of C$1,325,530.49. In related news, Director Michael Beasley sold 33,176 shares of the company’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of C$39.95, for a total transaction of C$1,325,530.49. Also, Director David James Clare sold 2,907 shares of Trisura Group stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of C$41.76, for a total transaction of C$121,396.32. Company insiders own 1.09% of the company’s stock.

Trisura Group Company Profile

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.