Trisura Group (TSE:TSU) Price Target Raised to C$52.00

Trisura Group (TSE:TSU) had its price objective increased by investment analysts at Atb Cormark Cm from C$46.75 to C$52.00 in a research report issued on Friday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Atb Cormark Cm’s price target indicates a potential upside of 4.92% from the stock’s previous close.

A number of other brokerages have also commented on TSU. National Bank Financial lifted their price target on shares of Trisura Group from C$57.00 to C$59.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Desjardins set a C$56.00 target price on Trisura Group and gave the company a “buy” rating in a research report on Thursday, December 18th. Finally, Royal Bank Of Canada increased their target price on shares of Trisura Group from C$55.00 to C$57.00 in a research note on Monday, November 10th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of C$54.88.

Trisura Group Stock Up 11.4%

Shares of TSU stock traded up C$5.08 on Friday, reaching C$49.56. The company had a trading volume of 273,688 shares, compared to its average volume of 82,697. The stock has a market capitalization of C$2.36 billion, a PE ratio of 19.36 and a beta of 0.32. The business’s 50-day moving average is C$43.06 and its 200 day moving average is C$40.88. Trisura Group has a one year low of C$30.77 and a one year high of C$51.00.

Trisura Group (TSE:TSU) last issued its quarterly earnings data on Thursday, November 6th. The company reported C$0.71 EPS for the quarter. Trisura Group had a net margin of 3.76% and a return on equity of 16.30%. The business had revenue of C$799.34 million during the quarter. On average, sell-side analysts forecast that Trisura Group will post 3.1349036 earnings per share for the current fiscal year.

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. The Trisura Guarantee segment generates maximum revenue, which offers Surety, Risk Solutions and Corporate Insurance products underwritten in Canada as well as the operations of Trisura Warranty.