Cormark Has Lowered Expectations for Trisura Group (TSE:TSU) Stock Price

Trisura Group (TSE:TSU - Get Free Report) had its price target decreased by research analysts at Cormark from C$54.00 to C$47.00 in a note issued to investors on Monday,BayStreet.CA reports. Cormark's target price points to a potential upside of 39.63% from the company's previous close. Cormark also issued estimates for Trisura Group's Q4 2024 earnings at $0.62 EPS.

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

Trisura Group Price Performance

Trisura Group stock traded down C$0.07 during mid-day trading on Monday, hitting C$33.66. The company's stock had a trading volume of 119,426 shares, compared to its average volume of 102,931. Trisura Group has a 52-week low of C$31.74 and a 52-week high of C$46.75. The company has a market cap of C$1.61 billion, a PE ratio of 14.47 and a beta of 0.82. The firm's 50 day moving average is C$36.88 and its 200 day moving average is C$40.07.

Trisura Group Company Profile

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.