Scotiabank Lowers Trisura Group (TSE:TSU) Price Target to C$49.00

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

Other research analysts also recently issued reports about the stock. Cormark reduced their price target on shares of Trisura Group from C$54.00 to C$47.00 in a research report on Monday, February 10th. Raymond James cut their target price on shares of Trisura Group from C$64.00 to C$57.00 in a report on Tuesday, February 18th. Finally, CIBC lowered 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. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Trisura Group currently has an average rating of “Moderate Buy” and a consensus price target of C$53.44.

Trisura Group Trading Up 2.0 %

TSU stock opened at C$33.40 on Thursday. The stock’s 50 day simple moving average is C$33.78 and its 200 day simple moving average is C$38.27. Trisura Group has a 12-month low of C$31.19 and a 12-month high of C$46.75. The firm has a market cap of C$1.60 billion, a P/E ratio of 14.36 and a beta of 0.82.

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.