Trisura Group Ltd. (TSE:TSU) Receives C$55.00 Average Price Target from Analysts

Shares of Trisura Group Ltd. (TSE:TSU) have earned an average rating of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is C$53.44.

Several brokerages have issued reports on TSU. CIBC lowered their target price on shares of Trisura Group from C$60.00 to C$50.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Raymond James lowered their price target on shares of Trisura Group from C$64.00 to C$57.00 in a research report on Tuesday, February 18th. Cormark cut their price objective on shares of Trisura Group from C$54.00 to C$47.00 in a report on Monday, February 10th. Finally, Scotiabank decreased their target price on shares of Trisura Group from C$52.00 to C$49.00 and set a “sector perform” rating on the stock in a research note on Thursday.

Trisura Group Price Performance

Shares of TSE:TSU opened at C$33.40 on Friday. Trisura Group has a 1 year low of C$31.19 and a 1 year high of C$46.75. The firm has a market capitalization of C$1.60 billion, a PE ratio of 14.36 and a beta of 0.82. The business’s 50 day moving average price is C$33.78 and its 200-day moving average price is C$38.27.

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.