Bullboard - Stock Discussion Forum Trisura Group Ltd T.TSU

Alternate Symbol(s): TRRSF

Financial Services Insurance - Property & Casualty

Trisura Group Ltd. is a specialty insurance provider. The Company is engaged in operating in surety, risk solutions, corporate insurance, and fronting business lines of the market. It has investments in subsidiaries through which it conducts insurance and reinsurance operations. Those operations are primarily in Canada (Trisura Canada) and the United States (Trisura US). Its segments include... see more

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TSX:TSU - Post Discussion

Trisura Group Ltd > Multiple Raised Targets

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Post by retiredcf on May 06, 2024 10:11am

Multiple Raised Targets

RBC’s Scott Heleniak raised his Trisura Group Ltd. target to $52 from $44 with an “outperform” rating. Other changes include: Desjardins Securities’ Doug Young to $53 from $48 with a “buy” rating and National Bank’s Jaeme Gloyn to $67 (a Street high) from $65 with an “outperform” rating. The average is $56.88.

“The [post-earnings conference call] tone was positive — management remains confident in their expectations for growth and profitability,” said Mr. Gloyn. “This messaging combined with strong Q1 results, run-off costs firmly in the rear-view mirror and an upgraded AM Best Outlook put Trisura on a path for a strong recovery year in 2024.”