Royal Bank Of Canada Upgrades Trisura Group (TSE:TSU) to Moderate Buy

Trisura Group (TSE:TSU) was upgraded by analysts at Royal Bank Of Canada to a “moderate buy” rating in a research report issued on Wednesday, MarketBeat Ratings reports. The firm currently has a C$51.00 price objective on the stock. Royal Bank Of Canada’s price target would suggest a potential upside of 21.63% from the company’s previous close.

TSU has been the topic of a number of other reports. Cormark increased their price objective on Trisura Group from C$47.00 to C$54.00 in a research report on Monday, May 5th. BMO Capital Markets decreased their price target on Trisura Group from C$51.00 to C$50.00 in a report on Monday, May 5th. Scotiabank lifted their price objective on Trisura Group from C$49.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Friday, May 2nd. Finally, Raymond James Financial dropped their price objective on Trisura Group from C$64.00 to C$57.00 in a report on Tuesday, February 18th.

Trisura Group Trading Up 0.3%

Shares of TSU traded up C$0.12 during mid-day trading on Wednesday, hitting C$41.93. 21,257 shares of the company traded hands, compared to its average volume of 100,610. The stock has a market capitalization of C$2.01 billion, a price-to-earnings ratio of 18.02 and a beta of 0.82. The business has a 50-day moving average of C$37.96 and a 200 day moving average of C$36.36. Trisura Group has a one year low of C$30.77 and a one year high of C$46.75.

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.