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

Trisura Group (TSE:TSU) had its price objective cut by Scotiabank from C$52.00 to C$49.00 in a report issued on Thursday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Several other equities research analysts have also commented on the company. Cormark reduced their price objective on Trisura Group from C$54.00 to C$47.00 in a research note on Monday, February 10th. CIBC reduced their price target on Trisura Group from C$60.00 to C$50.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Finally, Raymond James cut their price objective on Trisura Group from C$64.00 to C$57.00 in a research note on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$53.44.

Trisura Group Trading Up 0.3 %

TSU opened at C$33.51 on Thursday. The company’s 50 day moving average is C$33.73 and its 200 day moving average is C$38.22. The company has a market cap of C$1.60 billion, a price-to-earnings ratio of 14.40 and a beta of 0.82. Trisura Group has a 12-month low of C$31.19 and a 12-month high of C$46.75.

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.