ATB Cormark Capital Markets Issues Positive Forecast for Trisura Group (TSE:TSU) Stock Price

Trisura Group (TSE:TSU) had its price objective hoisted by ATB Cormark Capital Markets from C$46.75 to C$52.00 in a research note published on Friday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other analysts have also issued reports on the stock. Desjardins set a C$56.00 price target on shares of Trisura Group and gave the stock a “buy” rating in a research report on Thursday, December 18th. National Bank Financial upped their price objective on Trisura Group from C$57.00 to C$59.00 and gave the company an “outperform” rating in a report on Wednesday, February 4th. Finally, Royal Bank Of Canada lifted their price target on shares of Trisura Group from C$55.00 to C$57.00 in a research report on Monday, November 10th. Five analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of C$54.88.

Trisura Group Price Performance

Shares of TSE:TSU opened at C$49.62 on Friday. The company has a market capitalization of C$2.36 billion, a price-to-earnings ratio of 19.38 and a beta of 0.32. The firm’s 50 day simple moving average is C$43.26 and its 200 day simple moving average is C$40.91. Trisura Group has a fifty-two week low of C$30.77 and a fifty-two week high of C$51.00.

Trisura Group (TSE:TSU) last issued its quarterly earnings data on Thursday, November 6th. The company reported C$0.71 earnings per share (EPS) for the quarter. The firm had revenue of C$799.34 million during the quarter. Trisura Group had a net margin of 3.76% and a return on equity of 16.30%. Equities research analysts expect that Trisura Group will post 3.1349036 earnings per share for the current year.

Trisura Group Company Profile

Trisura Group Ltd is a Canadian based company engages in the provision of specialty insurance. The company’s operations currently include specialty property and casualty insurance (Surety, Risk Solutions, and Corporate Insurance business lines), underwritten predominantly in Canada. The operating business segments are Trisura Guarantee, Trisura Specialty, and Trisura International. The Trisura Guarantee segment generates maximum revenue, which offers Surety, Risk Solutions and Corporate Insurance products underwritten in Canada as well as the operations of Trisura Warranty.