Trisura Group (TSE:TSU) Stock Price Down 0.4% - Time to Sell?

Key Points

• Trisura Group's stock price declined by 0.4% to C$40.17, with trading volume down 46% from its average daily volume.
• Analyst ratings remain positive, with five analysts giving the stock a "Buy" rating and a consensus price target of C$53.25.
• The company operates in specialty insurance and has a market capitalization of C$1.91 billion with a price-to-earnings ratio of 16.07.

Trisura Group Ltd. (TSE:TSU - Get Free Report)'s stock price dropped 0.4% on Monday . The stock traded as low as C$39.90 and last traded at C$40.17. Approximately 49,148 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 90,908 shares. The stock had previously closed at C$40.35.

Analyst Upgrades and Downgrades

TSU has been the topic of several recent analyst reports. Cormark boosted their target price on shares of Trisura Group from C$54.00 to C$57.00 in a report on Monday, August 11th. Desjardins boosted their target price on shares of Trisura Group from C$51.00 to C$54.00 and gave the company a "buy" rating in a report on Monday, August 11th. Royal Bank Of Canada boosted their target price on shares of Trisura Group from C$51.00 to C$55.00 and gave the company an "outperform" rating in a report on Monday, August 11th. Finally, Scotiabank boosted their target price on shares of Trisura Group from C$50.00 to C$51.00 in a report on Wednesday, July 23rd. Five analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of C$53.25.

Trisura Group Trading Down 0.4%

The firm's fifty day moving average price is C$41.88 and its 200 day moving average price is C$38.79. The stock has a market capitalization of C$1.91 billion, a price-to-earnings ratio of 16.07 and a beta of 0.39.

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.

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