Trisura Group (TSE:TSU) Price Target Cut to C$49.00 by Analysts at Scotiabank

Trisura Group (TSE:TSU) had its target price trimmed by Scotiabank from C$52.00 to C$49.00 in a report issued on Thursday,BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

Other equities research analysts also recently issued research reports about the company. Cormark lowered their price target on Trisura Group from C$54.00 to C$47.00 in a research report on Monday, February 10th. CIBC decreased their target price on Trisura Group from C$60.00 to C$50.00 and set an “outperform” rating for the company in a report on Thursday, January 30th. Finally, Raymond James cut their price target on shares of Trisura Group from C$64.00 to C$57.00 in a report on Tuesday, February 18th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$53.44.

Trisura Group Stock Up 2.0 %

Shares of TSE TSU opened at C$33.40 on Thursday. The stock has a market capitalization of C$1.60 billion, a PE ratio of 14.36 and a beta of 0.82. The firm has a fifty day moving average of C$33.78 and a 200-day moving average of C$38.27. Trisura Group has a 52-week low of C$31.19 and a 52-week high of C$46.75.

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.