Brokerages Set Trisura Group Ltd. (TSE:TSU) Target Price at C$53.44

Shares of Trisura Group Ltd. (TSE:TSU) have been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is C$53.44.

Several brokerages recently issued reports on TSU. Scotiabank cut their target price on shares of Trisura Group from C$52.00 to C$49.00 and set a “sector perform” rating for the company in a research note on Thursday, March 27th. CIBC dropped their price target on 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 decreased their price objective on shares of Trisura Group from C$64.00 to C$57.00 in a report on Tuesday, February 18th. Finally, Cormark cut their target price on shares of Trisura Group from C$54.00 to C$47.00 in a research note on Monday, February 10th.

Trisura Group Trading Down 0.2 %

TSE TSU opened at C$34.77 on Tuesday. The firm’s fifty day moving average price is C$33.55 and its two-hundred day moving average price is C$37.16. Trisura Group has a 1 year low of C$30.77 and a 1 year high of C$46.75. The firm has a market capitalization of C$1.67 billion, a P/E ratio of 14.95 and a beta of 0.82.

About Trisura Group

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.