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

Trisura Group (TSE:TSU) had its target price trimmed by Raymond James from C$64.00 to C$57.00 in a research report sent to investors on Tuesday morning,BayStreet.CA reports. Raymond James also issued estimates for Trisura Group’s FY2025 earnings at $3.10 EPS and FY2026 earnings at $3.40 EPS.

A number of other brokerages also recently commented on TSU. CIBC decreased their price target on 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. Cormark lowered their target price on Trisura Group from C$54.00 to C$47.00 in a research note on Monday, February 10th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Trisura Group has a consensus rating of “Buy” and an average target price of C$55.00.

Trisura Group Stock Performance

Shares of TSU stock opened at C$35.15 on Tuesday. The company has a market capitalization of C$1.68 billion, a price-to-earnings ratio of 15.11 and a beta of 0.82. 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 simple moving average of C$36.23 and a two-hundred day simple moving average of C$39.69.

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.