Trisura Group (TSE:TSU) Price Target Raised to C$57.00 at Cormark

Trisura Group (TSE:TSU) had its price objective lifted by equities research analysts at Cormark from C$54.00 to C$57.00 in a report released on Monday,BayStreet.CA reports. Cormark’s target price indicates a potential upside of 33.99% from the stock’s current price.

Several other equities research analysts have also issued reports on the stock. Royal Bank Of Canada raised shares of Trisura Group to a “moderate buy” rating and set a C$51.00 price objective for the company in a research note on Wednesday, June 18th. BMO Capital Markets decreased their price target on shares of Trisura Group from C$51.00 to C$50.00 in a research report on Monday, May 5th. Finally, Scotiabank increased their price target on shares of Trisura Group from C$50.00 to C$51.00 in a research report on Wednesday, July 23rd. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, Trisura Group has a consensus rating of “Buy” and an average target price of C$53.25.

Trisura Group Trading Down 0.4%

TSE TSU opened at C$42.54 on Monday. Trisura Group has a 1-year low of C$30.77 and a 1-year high of C$46.26. The firm’s fifty day simple moving average is C$42.66 and its 200-day simple moving average is C$37.71. The company has a market capitalization of C$2.04 billion, a PE ratio of 18.28 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.