Trisura Group (TSE:TSU) Price Target Lowered to C$50.00 at BMO Capital Markets

Trisura Group (TSE:TSU - Get Free Report) had its price objective lowered by equities researchers at BMO Capital Markets from C$51.00 to C$50.00 in a note issued to investors on Monday,BayStreet.CA reports. BMO Capital Markets' price objective points to a potential upside of 32.66% from the company's previous close.

Several other research analysts have also issued reports on TSU. Raymond James cut their target price on shares of Trisura Group from C$64.00 to C$57.00 in a research report on Tuesday, February 18th. Scotiabank upped their price objective on Trisura Group from C$49.00 to C$50.00 and gave the stock an "outperform" rating in a report on Friday, May 2nd. Cormark raised their price objective on Trisura Group from C$47.00 to C$54.00 in a report on Monday. Finally, CIBC reduced their target price 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.

Trisura Group Stock Performance

Trisura Group stock traded up C$0.44 during mid-day trading on Monday, hitting C$37.69. 5,600 shares of the company traded hands, compared to its average volume of 103,336. Trisura Group has a one year low of C$30.77 and a one year high of C$46.75. The stock has a market cap of C$1.81 billion, a price-to-earnings ratio of 16.20 and a beta of 0.82. The stock has a fifty day moving average price of C$34.10 and a 200-day moving average price of C$36.71.

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.