Trisura Group Ltd. (TSE:TSU) Given Average Recommendation of “Buy” by Analysts

Shares of Trisura Group Ltd. (TSE:TSU) have been assigned a consensus rating of “Buy” from the nine analysts that are covering the firm, Marketbeat Ratings reports. Nine analysts have rated the stock with a buy rating. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is C$57.44.

Several analysts recently issued reports on the stock. TD Securities set a C$52.00 target price on shares of Trisura Group and gave the company a “buy” rating in a research report on Thursday, September 19th. Scotiabank boosted their price objective on shares of Trisura Group from C$62.00 to C$63.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd.

Trisura Group Trading Up 0.3 %

Shares of TSE:TSU opened at C$39.43 on Thursday. Trisura Group has a 52-week low of C$31.40 and a 52-week high of C$46.75. The stock has a market capitalization of C$1.87 billion, a price-to-earnings ratio of 21.20 and a beta of 0.82. The company has a debt-to-equity ratio of 15.83, a quick ratio of 0.22 and a current ratio of 76.83. The stock’s 50-day simple moving average is C$42.17 and its two-hundred day simple moving average is C$42.21.

Insiders Place Their Bets

In other news, Director David James Clare sold 2,907 shares of Trisura Group stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of C$41.76, for a total transaction of C$121,396.32. Also, Director Michael Beasley sold 33,176 shares of the company’s stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of C$39.95, for a total transaction of C$1,325,530.49. 1.09% of the stock is currently owned by company insiders.

Trisura Group Company Profile

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.