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

Trisura Group Ltd. (TSE:TSU) has earned an average recommendation of “Buy” from the six brokerages that are presently covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a buy rating. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$55.13.

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

Trisura Group Trading Up 1.9%

Shares of TSU stock traded up C$0.85 during trading hours on Friday, hitting C$46.69. The company’s stock had a trading volume of 84,775 shares, compared to its average volume of 92,404. The company has a 50 day moving average of C$44.43 and a 200 day moving average of C$41.22. The stock has a market cap of C$2.22 billion, a PE ratio of 15.94 and a beta of 0.32. Trisura Group has a 12-month low of C$30.77 and a 12-month 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.