Trisura Group Ltd. (TSE:TSU) Given Consensus Recommendation of "Buy" by Analysts

Key Points

• Consensus "Buy": Six brokerages rate Trisura Group as a Buy, with an average 1-year target price of C$55.13.
• Multiple analysts have recently raised targets to the C$52–C$59 range, including National Bank Financial and CIBC at C$59 and Desjardins at C$56.
• Trading and fundamentals: the stock opened at C$43.85, has a market cap of C$2.09 billion and a PE of 14.97, reported quarterly EPS of C$0.75 on C$200.31M revenue, and analysts forecast roughly 3.13 EPS for the year.

Shares of Trisura Group Ltd. (TSE:TSU - Get Free Report) have earned a consensus recommendation of "Buy" from the six brokerages that are presently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a buy rating. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is C$55.13.

A number of research firms have weighed in on TSU. National Bank Financial lifted their price objective on shares of Trisura Group from C$57.00 to C$59.00 and gave the company an "outperform" rating in a report on Wednesday, February 4th. Canadian Imperial Bank of Commerce set a C$59.00 target price on Trisura Group and gave the company an "outperform" rating in a research report on Friday, February 27th. ATB Cormark Capital Markets upped their price target on Trisura Group from C$46.75 to C$52.00 and gave the stock an "outperform" rating in a report on Friday, February 13th. Finally, Desjardins set a C$56.00 price target on Trisura Group and gave the stock a "buy" rating in a research report on Thursday, December 18th.

Trisura Group Trading Up 2.0%

Trisura Group stock opened at C$43.85 on Tuesday. The firm has a market cap of C$2.09 billion, a PE ratio of 14.97 and a beta of 0.34. Trisura Group has a 12 month low of C$30.77 and a 12 month high of C$51.00. The stock's 50 day simple moving average is C$44.75 and its two-hundred day simple moving average is C$41.67. The company has a current ratio of 16.58, a quick ratio of 0.22 and a debt-to-equity ratio of 16.98.

Trisura Group (TSE:TSU - Get Free Report) last posted its earnings results on Thursday, February 12th. The company reported C$0.75 earnings per share for the quarter. Trisura Group had a net margin of 5.51% and a return on equity of 16.30%. The firm had revenue of C$200.31 million during the quarter. Analysts anticipate 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.

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