Trisura Group (TSE:TSU) Sets New 12-Month Low - Should You Sell?

Trisura Group Ltd. (TSE:TSU - Get Free Report)'s share price hit a new 52-week low during trading on Monday . The company traded as low as C$31.90 and last traded at C$31.87, with a volume of 39831 shares traded. The stock had previously closed at C$32.93.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Cormark reduced their target price on Trisura Group from C$54.00 to C$47.00 in a research note on Monday, February 10th. Raymond James reduced their target price on Trisura Group from C$64.00 to C$57.00 in a research note on Tuesday, February 18th. Finally, CIBC reduced their target price on Trisura Group from C$60.00 to C$50.00 and set an "outperform" rating on the stock in a research note on Thursday, January 30th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Trisura Group has an average rating of "Buy" and a consensus target price of C$55.00.

Trisura Group Stock Up 3.1 %

The company has a 50-day moving average of C$34.51 and a two-hundred day moving average of C$38.83. The company has a market capitalization of C$1.58 billion, a P/E ratio of 14.18 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.