Trisura Group Ltd. (TSE:TSU) Given Average Rating of "Moderate Buy" by Analysts

Shares of Trisura Group Ltd. (TSE:TSU - Get Free Report) have earned an average rating of "Moderate Buy" from the six brokerages that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is C$53.44.

A number of analysts have issued reports on the stock. Raymond James reduced their target price on shares of Trisura Group from C$64.00 to C$57.00 in a research note on Tuesday, February 18th. CIBC reduced their price objective on shares of Trisura Group from C$60.00 to C$50.00 and set an "outperform" rating for the company in a research note on Thursday, January 30th. Cormark lowered their target price on shares of Trisura Group from C$54.00 to C$47.00 in a research report on Monday, February 10th. Finally, Scotiabank reduced their price target on Trisura Group from C$52.00 to C$49.00 and set a "sector perform" rating for the company in a research report on Thursday, March 27th.

Trisura Group Stock Up 1.8 %

Shares of TSU traded up C$0.62 during midday trading on Tuesday, reaching C$34.85. 143,042 shares of the stock were exchanged, compared to its average volume of 106,786. The company has a market cap of C$1.67 billion, a price-to-earnings ratio of 14.98 and a beta of 0.82. Trisura Group has a 12-month low of C$30.77 and a 12-month high of C$46.75. The firm has a 50 day simple moving average of C$33.53 and a 200-day simple moving average of C$37.29.

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.