Cormark Issues Pessimistic Forecast for Trisura Group (TSE:TSU) Stock Price

Trisura Group (TSE:TSU) had its price objective cut by equities researchers at Cormark from C$54.00 to C$47.00 in a report issued on Monday,BayStreet.CA reports. Cormark’s target price suggests a potential upside of 40.63% from the company’s current price. Cormark also issued estimates for Trisura Group’s Q4 2024 earnings at $0.62 EPS.

Separately, CIBC cut their price objective 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. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$55.78.

Trisura Group Stock Down 0.9 %

Shares of TSE:TSU opened at C$33.42 on Monday. The firm has a market cap of C$1.59 billion, a P/E ratio of 17.97 and a beta of 0.82. Trisura Group has a 12-month low of C$31.74 and a 12-month high of C$46.75. The business has a fifty day simple moving average of C$37.02 and a 200 day simple moving average of C$40.15. 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.