Trisura Group (TSE:TSU) Given a C$56.00 Price Target at Desjardins

by · The Markets Daily

Trisura Group (TSE:TSU – Get Free Report) received a C$56.00 target price from equities research analysts at Desjardins in a report released on Thursday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Desjardins’ price target would indicate a potential upside of 29.12% from the stock’s previous close.

Separately, Royal Bank Of Canada lifted their price objective on shares of Trisura Group from C$55.00 to C$57.00 in a research note on Monday, November 10th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$54.00.

View Our Latest Stock Report on TSU

Trisura Group Trading Up 1.8%

TSE:TSU traded up C$0.76 on Thursday, hitting C$43.37. The company’s stock had a trading volume of 65,852 shares, compared to its average volume of 87,921. Trisura Group has a one year low of C$30.77 and a one year high of C$44.99. The firm has a market capitalization of C$2.06 billion, a P/E ratio of 16.94 and a beta of 0.08. The stock has a fifty day moving average of C$39.04 and a two-hundred day moving average of C$40.56.

Trisura Group (TSE:TSU – Get Free Report) last issued its earnings results on Thursday, November 6th. The company reported C$0.71 EPS for the quarter. Trisura Group had a return on equity of 16.30% and a net margin of 3.76%.The company had revenue of C$799.34 million during the quarter. As a group, sell-side analysts anticipate that Trisura Group will post 3.1349036 EPS for the current year.

Insider Transactions at Trisura Group

In other news, insider Cibc Asset Management Inc. purchased 64,700 shares of the company’s stock in a transaction dated Tuesday, October 21st. The shares were purchased at an average price of C$37.78 per share, for a total transaction of C$2,444,366.00. Following the transaction, the insider owned 5,479,427 shares of the company’s stock, valued at approximately C$207,012,752.06. This trade represents a 1.19% increase in their ownership of the stock. Insiders own 1.09% of the company’s stock.

Trisura Group Company Profile

(Get Free Report)

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.

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