Trisura Group (TSE:TSU) Upgraded by Royal Bank Of Canada to "Moderate Buy" Rating

Trisura Group (TSE:TSU - Get Free Report) was upgraded by research analysts at Royal Bank Of Canada to a "moderate buy" rating in a research report issued on Wednesday, MarketBeat Ratings reports. The firm currently has a C$51.00 price target on the stock. Royal Bank Of Canada's price target points to a potential upside of 20.60% from the company's previous close.

Several other research firms have also recently weighed in on TSU. Scotiabank increased their price target on shares of Trisura Group from C$49.00 to C$50.00 and gave the company an "outperform" rating in a report on Friday, May 2nd. Cormark lifted their price objective on shares of Trisura Group from C$47.00 to C$54.00 in a research note on Monday, May 5th. Raymond James Financial decreased their price objective on shares of Trisura Group from C$64.00 to C$57.00 in a research note on Tuesday, February 18th. Finally, BMO Capital Markets decreased their price objective on shares of Trisura Group from C$51.00 to C$50.00 in a research note on Monday, May 5th.

Trisura Group Stock Up 1.2%

Shares of TSU traded up C$0.51 during trading hours on Wednesday, reaching C$42.29. The stock had a trading volume of 82,098 shares, compared to its average volume of 100,562. The firm has a 50-day moving average of C$38.35 and a 200 day moving average of C$36.34. The company has a market cap of C$2.03 billion, a P/E ratio of 18.18 and a beta of 0.82. Trisura Group has a 52 week low of C$30.77 and a 52 week high of C$46.75.

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.