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

Shares of Trisura Group Ltd. (TSE:TSU) have received a consensus recommendation of “Buy” from the six analysts that are currently covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a buy rating. The average 1-year target price among brokers that have covered the stock in the last year is C$55.00.

TSU has been the topic of several analyst reports. CIBC reduced their target price on Trisura Group from C$60.00 to C$50.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Cormark reduced their price objective on Trisura Group from C$54.00 to C$47.00 in a research note on Monday, February 10th. Finally, Raymond James reduced their price objective on Trisura Group from C$64.00 to C$57.00 in a research note on Tuesday, February 18th.

Trisura Group Stock Performance

TSU opened at C$32.61 on Friday. The firm has a market cap of C$1.56 billion, a P/E ratio of 14.02 and a beta of 0.82. Trisura Group has a 52-week low of C$31.19 and a 52-week high of C$46.75. The business’s fifty day moving average is C$34.02 and its 200-day moving average is C$38.54.

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.