Trisura Group Ltd. (TSE:TSU) Given Average Rating of “Moderate Buy” by Analysts

Trisura Group Ltd. (TSE:TSU) has been given an average recommendation of “Moderate Buy” by the six research firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is C$53.44.

Several brokerages have weighed in on TSU. Cormark dropped their price objective on Trisura Group from C$54.00 to C$47.00 in a research note on Monday, February 10th. CIBC reduced their price objective on shares of Trisura Group from C$60.00 to C$50.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Raymond James dropped their target price on shares of Trisura Group from C$64.00 to C$57.00 in a research report on Tuesday, February 18th. Finally, Scotiabank dropped their price target on Trisura Group from C$52.00 to C$49.00 and set a “sector perform” rating on the stock in a report on Thursday, March 27th.

Trisura Group Stock Up 1.8 %

Shares of Trisura Group stock opened at C$34.85 on Tuesday. Trisura Group has a 52 week low of C$30.77 and a 52 week high of C$46.75. The business has a 50 day moving average price of C$33.53 and a 200-day moving average price of C$37.25. The company has a market cap of C$1.67 billion, a PE ratio of 14.98 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.