Trisura Group (TSE:TSU) Reaches New 1-Year Low - Time to Sell?

Trisura Group Ltd. (TSE:TSU - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The stock 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.

Wall Street Analyst Weigh In

TSU has been the topic of a number of research reports. Scotiabank cut their target price 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. CIBC reduced their price objective on shares of Trisura Group from C$60.00 to C$50.00 and set an "outperform" rating for the company in a research note on Thursday, January 30th. Raymond James dropped their target price on Trisura Group from C$64.00 to C$57.00 in a research report on Tuesday, February 18th. Finally, Cormark reduced their price target on Trisura Group from C$54.00 to C$47.00 in a research report on Monday, February 10th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, Trisura Group presently has an average rating of "Moderate Buy" and an average price target of C$53.44.

Trisura Group Trading Up 2.1 %

The stock has a 50-day moving average price of C$33.44 and a two-hundred day moving average price of C$37.56. The stock has a market cap of C$1.57 billion, a price-to-earnings ratio of 14.05 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.