Trisura Group (OTCMKTS:TRRSF) Price Target Lowered to C$49.00 at Scotiabank

Trisura Group (OTCMKTS:TRRSFGet Rating) had its price target lowered by research analysts at Scotiabank from C$51.00 to C$49.00 in a research report issued on Monday, The Fly reports.

Other equities research analysts have also issued research reports about the stock. TD Securities decreased their price objective on shares of Trisura Group from C$61.00 to C$55.00 in a research note on Tuesday, April 26th. National Bank Financial decreased their price objective on shares of Trisura Group from C$65.00 to C$58.00 in a research note on Thursday, April 28th. BMO Capital Markets raised their price target on shares of Trisura Group from C$49.00 to C$50.00 in a research note on Friday. CIBC raised their price target on shares of Trisura Group from C$58.00 to C$61.00 in a research note on Monday, January 10th. Finally, Raymond James raised their price target on shares of Trisura Group from C$51.00 to C$55.00 in a research note on Monday, February 14th. Six 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 price target of $55.00.

OTCMKTS:TRRSF traded up $2.57 on Monday, hitting $27.27. The stock had a trading volume of 600 shares, compared to its average volume of 3,049. Trisura Group has a 1 year low of $22.77 and a 1 year high of $39.34. The firm’s fifty day simple moving average is $25.69 and its two-hundred day simple moving average is $31.42.

Trisura Group Company Profile (Get Rating)

Trisura Group Ltd., a specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally. The company offers contract surety bonds, such as performance, and labor and material payment bonds primarily for the construction industry; commercial surety bonds, including license and permit, tax and excise, and fiduciary bonds to governments, regulatory bodies, or courts to guarantee compliance with legal or fiduciary obligations; and developer surety bonds comprising bonds to secure real estate developers' legislated deposit and warranty obligations on residential projects.

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