Trisura Group Ltd. (TSE:TSU) Receives Average Recommendation of “Buy” from Brokerages

Trisura Group Ltd. (TSE:TSU) has earned an average recommendation of “Buy” from the six research firms that are currently covering the company, Marketbeat reports. Six investment analysts have rated the stock with a buy rating. The average twelve-month price objective among analysts that have covered the stock in the last year is C$55.13.

A number of brokerages have weighed in on TSU. ATB Cormark Capital Markets boosted 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. National Bank Financial lifted their price objective on Trisura Group from C$57.00 to C$59.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Royal Bank Of Canada increased 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 target on Trisura Group and gave the company 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, February 27th.

Trisura Group Stock Down 0.4%

TSU opened at C$46.35 on Friday. The stock has a market capitalization of C$2.21 billion, a price-to-earnings ratio of 15.82 and a beta of 0.32. The firm has a 50 day moving average price of C$44.63 and a 200-day moving average price of C$41.31. Trisura Group has a twelve month low of C$30.77 and a twelve month high of C$51.00. The company has a quick ratio of 0.22, a current ratio of 16.58 and a debt-to-equity ratio of 16.98.

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.