Brokerages Set Trisura Group Ltd. (OTCMKTS:TRRSF) PT at $53.50

Shares of Trisura Group Ltd. (OTCMKTS:TRRSF) have been given a consensus recommendation of “Buy” by the seven ratings firms that are covering the firm, MarketBeat.com reports. Seven equities research analysts have rated the stock with a buy recommendation. The average 1 year target price among brokers that have issued a report on the stock in the last year is $53.50.

A number of research analysts have recently issued reports on TRRSF shares. Raymond James increased their target price on Trisura Group from C$47.00 to C$51.00 and gave the company an “outperform” rating in a research report on Monday, November 8th. Stifel Nicolaus increased their target price on Trisura Group from C$43.75 to C$57.00 and gave the company a “buy” rating in a research report on Thursday, August 5th. TD Securities raised their price objective on Trisura Group from C$53.00 to C$55.00 and gave the company a “buy” rating in a report on Friday, August 6th. Scotiabank raised their price objective on Trisura Group from C$44.00 to C$53.00 and gave the company an “outperform” rating in a report on Monday, October 18th. Finally, BMO Capital Markets raised their price objective on Trisura Group from C$53.00 to C$55.00 and gave the company an “outperform” rating in a report on Monday, November 8th.

Shares of OTCMKTS:TRRSF traded up $0.83 during midday trading on Thursday, reaching $36.42. 1,617 shares of the company’s stock traded hands, compared to its average volume of 5,131. Trisura Group has a 1 year low of $15.30 and a 1 year high of $39.34. The company has a fifty day simple moving average of $34.67 and a two-hundred day simple moving average of $24.32.

About Trisura Group

Trisura Group Ltd. is a holding company, which engages in the provision of specialty insurance. It offers surety, risk solutions, corporate insurance and reinsurance. The firm operates through the following segments: Trisura Guarantee, Trisura International and Trisura Specialty. The Trisura Guarantee segment comprises Surety, Risk Solutions and Corporate Insurance products underwritten in Canada as well as the operations of Trisura Warranty.

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Analyst Recommendations for Trisura Group (OTCMKTS:TRRSF)

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