Trisura Group (TSE:TSU) Reaches New 1-Year Low – Should You Sell?

Shares of Trisura Group Ltd. (TSE:TSU) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$30.89 and last traded at C$30.89, with a volume of 10442 shares. The stock had previously closed at C$32.65.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. CIBC lowered their price target on shares of Trisura Group from C$60.00 to C$50.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Cormark lowered their price target on Trisura Group from C$54.00 to C$47.00 in a research note on Monday, February 10th. Scotiabank cut their price objective on shares of Trisura Group from C$52.00 to C$49.00 and set a “sector perform” rating on the stock in a research report on Thursday, March 27th. Finally, Raymond James lowered their target price on shares of Trisura Group from C$64.00 to C$57.00 in a research report on Tuesday, February 18th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Trisura Group has an average rating of “Moderate Buy” and a consensus target price of C$53.44.

Trisura Group Trading Down 2.0 %

The firm’s fifty day moving average is C$33.62 and its 200 day moving average is C$37.99. The stock has a market cap of C$1.53 billion, a P/E ratio of 13.75 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.