Cormark Cuts Trisura Group (TSE:TSU) Price Target to C$47.00

Trisura Group (TSE:TSU) had its price target cut by Cormark from C$54.00 to C$47.00 in a research note released on Monday morning,BayStreet.CA reports. Cormark also issued estimates for Trisura Group’s Q4 2024 earnings at $0.62 EPS.

Separately, CIBC dropped their price target on shares of Trisura Group from C$60.00 to C$50.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Trisura Group currently has an average rating of “Buy” and a consensus target price of C$54.75.

Trisura Group Stock Performance

TSU stock opened at C$33.73 on Monday. The company has a market capitalization of C$1.60 billion, a P/E ratio of 18.13 and a beta of 0.82. The company has a 50-day simple moving average of C$36.88 and a 200 day simple moving average of C$40.07. Trisura Group has a fifty-two week low of C$31.74 and a fifty-two week high of C$46.75. The company has a quick ratio of 0.22, a current ratio of 76.83 and a debt-to-equity ratio of 15.83.

About Trisura Group

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 operates through Trisura Canada and Trisura the United States segments. It also offers risk solutions, fronting, and insurance products, as well as provides business underwriting services.