Trisura Group (TSE:TSU) Price Target Cut to C$50.00 by Analysts at CIBC

Trisura Group (TSE:TSU) had its target price trimmed by CIBC from C$60.00 to C$50.00 in a research note issued to investors on Thursday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Trisura Group Trading Down 0.7 %

TSE:TSU opened at C$34.00 on Thursday. The company’s 50 day moving average is C$38.14 and its 200-day moving average is C$40.73. The company has a quick ratio of 0.22, a current ratio of 76.83 and a debt-to-equity ratio of 15.83. Trisura Group has a 12 month low of C$33.40 and a 12 month high of C$46.75. The firm has a market cap of C$1.62 billion, a price-to-earnings ratio of 18.28 and a beta of 0.82.

Trisura Group (TSE:TSU) last released its earnings results on Thursday, November 7th. The company reported C$0.68 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.68. Trisura Group had a net margin of 2.92% and a return on equity of 14.65%. During the same quarter last year, the business posted $0.67 earnings per share. Equities analysts anticipate that Trisura Group will post 3.1349036 EPS for the current 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.