Trisura Group (TSE:TSU) Shares Down 1.4% - Time to Sell?

Key Points

• Trisura Group Ltd. shares saw a 1.4% decline on Tuesday, trading down to C$37.95, with a significant drop in trading volume by 44% compared to its average session.
• Analysts have raised their target prices for Trisura Group, with Scotiabank, Desjardins, Royal Bank of Canada, and Cormark all recommending a "buy" rating.
• Trisura Group operates in specialty insurance and has a market cap of C$1.81 billion, with a price-to-earnings ratio of 15.18.

Trisura Group Ltd. (TSE:TSU - Get Free Report) shares traded down 1.4% on Tuesday . The stock traded as low as C$37.79 and last traded at C$37.95. 51,248 shares traded hands during trading, a decline of 44% from the average session volume of 92,126 shares. The stock had previously closed at C$38.49.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Scotiabank upped their target price on shares of Trisura Group from C$50.00 to C$51.00 in a research note on Wednesday, July 23rd. Desjardins upped their target price on shares of Trisura Group from C$51.00 to C$54.00 and gave the stock a "buy" rating in a research note on Monday, August 11th. Royal Bank Of Canada boosted their price target on shares of Trisura Group from C$51.00 to C$55.00 and gave the stock an "outperform" rating in a report on Monday, August 11th. Finally, Cormark boosted their price target on shares of Trisura Group from C$54.00 to C$57.00 in a report on Monday, August 11th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of C$53.43.

Trisura Group Trading Down 1.4%

The firm's fifty day moving average price is C$40.29 and its 200-day moving average price is C$39.45. The firm has a market cap of C$1.81 billion, a price-to-earnings ratio of 15.18 and a beta of 0.30.

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.

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