Trisura Group Ltd. (TSE:TSU) Receives Average Rating of “Buy” from Brokerages

Shares of Trisura Group Ltd. (TSE:TSU) have received an average rating of “Buy” from the nine research firms that are covering the firm, Marketbeat Ratings reports. Nine equities research analysts have rated the stock with a buy recommendation. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$56.33.

Separately, CIBC cut their price target on Trisura Group from C$60.00 to C$50.00 and set an “outperform” rating for the company in a report on Thursday, January 30th.

Trisura Group Stock Down 1.7 %

Trisura Group stock opened at C$32.43 on Thursday. The company has a debt-to-equity ratio of 15.83, a current ratio of 76.83 and a quick ratio of 0.22. Trisura Group has a 1-year low of C$31.74 and a 1-year high of C$46.75. The company has a market cap of C$1.54 billion, a PE ratio of 17.44 and a beta of 0.82. The stock’s 50 day moving average price is C$37.59 and its 200 day moving average price is C$40.44.

Trisura Group (TSE:TSU) last posted its quarterly earnings results on Thursday, November 7th. The company reported C$0.68 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.68. Trisura Group had a return on equity of 14.65% and a net margin of 2.92%. During the same period in the prior year, the firm earned $0.67 EPS. On average, sell-side analysts predict that Trisura Group will post 3.1349036 EPS for the current fiscal year.

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.