Analysts Set Trisura Group Ltd. (TSE:TSU) Price Target at C$56.66

Trisura Group Ltd. (TSE:TSUGet Free Report) has received a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$56.66.

A number of analysts recently weighed in on the stock. National Bank Financial increased their price objective on shares of Trisura Group from C$57.00 to C$59.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Scotiabank cut shares of Trisura Group from a “sector outperform” rating to a “sector perform” rating and set a C$52.00 target price on the stock. in a research note on Tuesday, April 28th. Raymond James Financial raised their target price on shares of Trisura Group from C$57.00 to C$57.25 and gave the company an “outperform” rating in a research note on Friday, May 8th. ATB Cormark Capital Markets raised their target price on shares of Trisura Group from C$46.75 to C$52.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Finally, Canadian Imperial Bank of Commerce set a C$59.00 target price on shares of Trisura Group and gave the company an “outperform” rating in a research note on Friday, February 27th.

Check Out Our Latest Analysis on Trisura Group

Trisura Group Stock Up 0.8%

TSU stock opened at C$41.04 on Wednesday. Trisura Group has a fifty-two week low of C$36.02 and a fifty-two week high of C$51.00. The firm’s 50-day simple moving average is C$43.86 and its 200 day simple moving average is C$43.07. The stock has a market cap of C$1.94 billion, a PE ratio of 13.24 and a beta of 0.42.

Trisura Group (TSE:TSUGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported C$0.78 earnings per share for the quarter. Trisura Group had a net margin of 4.72% and a return on equity of 16.65%. The business had revenue of C$804.85 million for the quarter. Equities analysts forecast that Trisura Group will post 3.1349036 EPS for the current fiscal year.

About Trisura Group

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Trisura Group (TSE:TSU)

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