Trisura Group Ltd. (TSE:TSU) Receives Average Rating of “Buy” from Analysts

Shares of Trisura Group Ltd. (TSE:TSU) have been assigned a consensus rating of “Buy” from the six ratings firms that are currently covering the company, MarketBeat.com reports. Six investment analysts have rated the stock with a buy recommendation. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is C$55.13.

Several brokerages have recently commented on TSU. Canadian Imperial Bank of Commerce set a C$59.00 price objective on shares of Trisura Group and gave the company an “outperform” rating in a research report on Friday. Desjardins set a C$56.00 price target on Trisura Group and gave the company a “buy” rating in a report on Thursday, December 18th. ATB Cormark Capital Markets upped their price objective on Trisura Group from C$46.75 to C$52.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Royal Bank Of Canada increased their target price on Trisura Group from C$55.00 to C$57.00 in a research report on Monday, November 10th. Finally, National Bank Financial lifted their target price on Trisura Group from C$57.00 to C$59.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th.

Trisura Group Stock Up 1.9%

TSU traded up C$0.85 during mid-day trading on Friday, reaching C$46.69. 84,775 shares of the company traded hands, compared to its average volume of 92,404. The company’s fifty day moving average price is C$44.43 and its 200-day moving average price is C$41.22. The stock has a market capitalization of C$2.22 billion, a P/E ratio of 15.94 and a beta of 0.32. Trisura Group has a 52-week low of C$30.77 and a 52-week high of C$51.00.

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. 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.