Royal Bank Of Canada Raises Trisura Group (TSE:TSU) Price Target to C$55.00

Key Points

• Royal Bank Of Canada has raised its price target for Trisura Group from C$51.00 to C$55.00, indicating a potential upside of 28.53% from the current price.
• Trisura Group's stock is currently rated as a "buy" by five research analysts, with an average price target of C$53.25.
• The stock is trading at C$42.79 with a market capitalization of C$2.05 billion and a P/E ratio of 18.39.

Trisura Group (TSE:TSU - Get Free Report) had its price objective upped by research analysts at Royal Bank Of Canada from C$51.00 to C$55.00 in a report released on Monday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. Royal Bank Of Canada's price target suggests a potential upside of 28.53% from the company's current price.

A number of other equities research analysts have also recently commented on TSU. BMO Capital Markets decreased their target price on shares of Trisura Group from C$51.00 to C$50.00 in a research note on Monday, May 5th. Cormark raised their target price on shares of Trisura Group from C$54.00 to C$57.00 in a research note on Monday. Scotiabank lifted their price objective on shares of Trisura Group from C$50.00 to C$51.00 in a research report on Wednesday, July 23rd. Finally, Desjardins lifted their price objective on shares of Trisura Group from C$51.00 to C$54.00 and gave the company a "buy" rating in a research report on Monday. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Trisura Group currently has an average rating of "Buy" and a consensus price target of C$53.25.

Trisura Group Price Performance

Shares of TSU traded up C$0.65 on Monday, reaching C$42.79. The company's stock had a trading volume of 49,884 shares, compared to its average volume of 94,403. Trisura Group has a 12-month low of C$30.77 and a 12-month high of C$46.26. The stock has a market capitalization of C$2.05 billion, a P/E ratio of 18.39 and a beta of 0.82. The stock's 50 day simple moving average is C$42.57 and its two-hundred day simple moving average is C$37.62.

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.

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