Royal Bank Of Canada Forecasts Strong Price Appreciation for Trisura Group (TSE:TSU) Stock

Trisura Group (TSE:TSU) had its price target lifted by analysts at Royal Bank Of Canada from C$55.00 to C$57.00 in a research note issued on Monday,BayStreet.CA reports. Royal Bank Of Canada’s target price suggests a potential upside of 45.78% from the company’s current price.

Other equities analysts have also recently issued research reports about the company. Desjardins set a C$54.00 target price on Trisura Group and gave the stock a “buy” rating in a report on Friday, October 24th. Scotiabank raised their price target on Trisura Group from C$50.00 to C$51.00 in a research report on Wednesday, July 23rd. Finally, Cormark lifted their price objective on shares of Trisura Group from C$54.00 to C$57.00 in a research note on Monday, August 11th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of C$53.71.

Trisura Group Trading Down 0.1%

Shares of TSE:TSU traded down C$0.02 during trading on Monday, reaching C$39.10. The company’s stock had a trading volume of 61,883 shares, compared to its average volume of 90,438. The stock has a market capitalization of C$1.86 billion, a PE ratio of 15.64 and a beta of 0.14. Trisura Group has a 12 month low of C$30.77 and a 12 month high of C$44.99. The firm’s 50 day simple moving average is C$38.74 and its two-hundred day simple moving average is C$40.24.

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.