Free Trial

Trisura Group (TSE:TSU) Price Target Lowered to C$50.00 at CIBC

Trisura Group logo with Financial Services background

Trisura Group (TSE:TSU - Free Report) had its price objective trimmed by CIBC from C$60.00 to C$50.00 in a research report released on Thursday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Trisura Group Stock Performance

Shares of Trisura Group stock traded down C$0.82 on Thursday, reaching C$32.31. 126,954 shares of the company traded hands, compared to its average volume of 89,770. Trisura Group has a 52 week low of C$31.74 and a 52 week high of C$46.75. The company has a 50 day moving average of C$38.02 and a 200 day moving average of C$40.65. The firm has a market capitalization of C$1.54 billion, a PE ratio of 17.37 and a beta of 0.82. The company has a debt-to-equity ratio of 15.83, a current ratio of 76.83 and a quick ratio of 0.22.

Trisura Group (TSE:TSU - Get Free Report) last released its earnings results on Thursday, November 7th. The company reported C$0.68 earnings per share for the quarter, meeting analysts' consensus estimates of C$0.68. Trisura Group had a net margin of 2.92% and a return on equity of 14.65%. During the same quarter in the prior year, the company posted $0.67 earnings per share. Equities analysts forecast that Trisura Group will post 3.1349036 earnings per share for the current year.

About Trisura Group

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Trisura Group (TSE:TSU)

Should You Invest $1,000 in Trisura Group Right Now?

Before you consider Trisura Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trisura Group wasn't on the list.

While Trisura Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines