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

Canadian Imperial Bank of Commerce set a C$59.00 price objective on Trisura Group (TSE:TSU) in a research note released on Friday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Other equities research analysts also recently issued research reports about the company. Royal Bank Of Canada lifted their target price on Trisura Group from C$55.00 to C$57.00 in a report on Monday, November 10th. Desjardins set a C$56.00 price objective on shares of Trisura Group and gave the company a “buy” rating in a research note on Thursday, December 18th. ATB Cormark Capital Markets upped their price objective on shares of Trisura Group from C$46.75 to C$52.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Finally, National Bank Financial raised their target price 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. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$55.13.

Trisura Group Price Performance

TSE TSU opened at C$46.66 on Friday. The stock’s fifty day moving average price is C$44.49 and its 200 day moving average price is C$41.24. Trisura Group has a 1 year low of C$30.77 and a 1 year high of C$51.00. The company has a market cap of C$2.22 billion, a price-to-earnings ratio of 15.92 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.