Trisura Group (TSE:TSU) Price Target Raised to C$67.00 at National Bankshares

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

Several other research firms have also commented on TSU. Desjardins boosted their price objective on shares of Trisura Group from C$48.00 to C$53.00 and gave the stock a buy rating in a research note on Monday. BMO Capital Markets upped their price target on Trisura Group from C$52.00 to C$54.00 in a research note on Monday. Scotiabank lifted their price objective on Trisura Group from C$56.00 to C$59.00 in a research note on Friday, April 26th. Raymond James upped their price target on shares of Trisura Group from C$54.00 to C$64.00 and gave the stock an outperform rating in a research note on Monday, February 12th. Finally, Cormark upped their price objective on Trisura Group from C$51.00 to C$52.00 and gave the company a buy rating in a research report on Monday, February 12th. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of Buy and an average price target of C$57.56.

Trisura Group Trading Up 1.0 %

TSE TSU opened at C$45.30 on Monday. The firm has a market capitalization of C$2.15 billion, a PE ratio of 31.90 and a beta of 0.81. The stock’s 50 day moving average is C$42.52 and its 200 day moving average is C$37.46. Trisura Group has a twelve month low of C$29.05 and a twelve month high of C$46.08. 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 (TSE:TSU) last announced its quarterly earnings data on Thursday, February 8th. The company reported C$0.54 EPS for the quarter, beating the consensus estimate of C$0.49 by C$0.05. The business had revenue of C$754.95 million during the quarter. Trisura Group had a return on equity of 12.03% and a net margin of 2.36%. Research analysts forecast that Trisura Group will post 2.7003195 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Chris Yoshio Sekine sold 55,518 shares of the firm’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of C$43.23, for a total value of C$2,399,837.72. In related news, Director Michael Beasley sold 38,822 shares of Trisura Group 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. Also, Director Chris Yoshio Sekine sold 55,518 shares of the company’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of C$43.23, for a total value of C$2,399,837.72. In the last quarter, insiders sold 94,825 shares of company stock valued at $4,100,283. Company insiders own 1.10% 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.