Trisura Group (TSE:TSU) Given a C$59.00 Price Target by Canadian Imperial Bank of Commerce Analysts

Trisura Group (TSE:TSU) received a C$59.00 price target from Canadian Imperial Bank of Commerce in a research note issued to investors on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Canadian Imperial Bank of Commerce’s price target points to a potential upside of 25.77% from the company’s current price.

TSU has been the topic of a number of other research reports. ATB Cormark Capital Markets upped their price target on Trisura Group from C$46.75 to C$52.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Royal Bank Of Canada lifted their target price on shares of Trisura Group from C$55.00 to C$57.00 in a research note on Monday, November 10th. Desjardins set a C$56.00 price objective on shares of Trisura Group and gave the stock a “buy” rating in a report on Thursday, December 18th. Finally, National Bank Financial increased their target price on Trisura Group from C$57.00 to C$59.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$55.13.

Trisura Group Stock Performance

TSU traded up C$1.07 during midday trading on Friday, reaching C$46.91. The company had a trading volume of 81,202 shares, compared to its average volume of 92,196. Trisura Group has a 12-month low of C$30.77 and a 12-month high of C$51.00. The business has a 50-day moving average price of C$44.43 and a two-hundred day moving average price of C$41.22. The stock has a market cap of C$2.23 billion, a PE ratio of 16.01 and a beta of 0.32.

Trisura Group Company Profile

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.