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

Trisura Group (TSE:TSU) had its target price hoisted by stock analysts at National Bankshares from C$65.00 to C$67.00 in a note issued to investors on Monday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ target price suggests a potential upside of 48.20% from the company’s previous close.

A number of other research analysts have also recently commented on the company. CIBC upped their price target on Trisura Group from C$55.00 to C$60.00 and gave the stock an “outperform” rating in a research note on Friday, May 3rd. Scotiabank upped their price objective on Trisura Group from C$56.00 to C$59.00 in a research report on Friday, April 26th. Raymond James upped their price objective on Trisura Group from C$54.00 to C$64.00 and gave the stock an “outperform” rating in a research report on Monday, February 12th. BMO Capital Markets upped their price objective on Trisura Group from C$52.00 to C$54.00 in a research report on Monday. Finally, Desjardins upped their price objective on Trisura Group from C$48.00 to C$53.00 and gave the stock a “buy” rating in a research report on Monday. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$57.56.

Trisura Group Stock Down 0.2 %

TSE:TSU opened at C$45.21 on Monday. The company has a quick ratio of 0.22, a current ratio of 2.46 and a debt-to-equity ratio of 13.67. The stock’s fifty day moving average is C$42.56 and its two-hundred day moving average is C$37.57. Trisura Group has a 52 week low of C$29.05 and a 52 week high of C$46.08. The stock has a market capitalization of C$2.14 billion, a price-to-earnings ratio of 31.84 and a beta of 0.81.

Trisura Group (TSE:TSU) last released its quarterly earnings results on Thursday, February 8th. The company reported C$0.54 EPS for the quarter, topping analysts’ consensus estimates of C$0.49 by C$0.05. Trisura Group had a return on equity of 12.03% and a net margin of 2.36%. The company had revenue of C$754.95 million for the quarter. Research analysts anticipate that Trisura Group will post 2.7003195 EPS for the current year.

Insiders Place Their Bets

In other Trisura Group news, Director Chris Yoshio Sekine sold 55,518 shares of the firm’s stock in a transaction dated 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. In other news, Director Michael Beasley sold 38,822 shares of the stock in a transaction dated Thursday, March 7th. The shares were 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 stock in a transaction dated 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. Over the last 90 days, insiders have sold 94,825 shares of company stock valued at $4,100,283. 1.10% of the stock is currently 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.