BMO Capital Markets Reaffirms Market Perform Rating for Trisura Group (TSU)

Trisura Group (TSE:TSU)‘s stock had its “market perform” rating reissued by equities research analysts at BMO Capital Markets in a report released on Friday, June 8th. They currently have a C$30.00 price objective on the stock. BMO Capital Markets’ target price would suggest a potential upside of 9.29% from the company’s previous close.

Trisura Group opened at C$27.45 on Friday, MarketBeat.com reports. Trisura Group has a 1-year low of C$20.56 and a 1-year high of C$29.49.

In other news, insider David James Clare acquired 50,000 shares of the company’s stock in a transaction on Friday, March 23rd. The shares were bought at an average cost of C$25.99 per share, with a total value of C$1,299,500.00. Also, Director John Nigel Garner sold 11,000 shares of the stock in a transaction that occurred on Friday, March 23rd. The shares were sold at an average price of C$26.00, for a total transaction of C$286,000.00. Over the last 90 days, insiders bought 70,000 shares of company stock worth $1,807,596 and sold 24,500 shares worth $640,451.



Trisura Group Company Profile

Trisura Group Ltd., a specialty insurance provider, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada and the United States. The company offers contract surety bonds, such as performance, and labor and material payment bonds, primarily for the construction industry; commercial surety bonds, including license and permit, tax and excise, and fiduciary bonds to governments, regulatory bodies, or courts to guarantee compliance with legal or fiduciary obligations; and developer surety bonds comprising bonds to secure real estate developers' legislated deposit and warranty obligations on residential projects.

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