The Globe and Mail reports in its Friday, May 2, edition that Scotia Capital analyst Phil Hardie has reaffirmed his "sector outperform" recommendation for Trisura Group. The Globe's David Leeder writes that Mr. Hardie jacked his share target up by a loonie to $50. Analysts on average target the shares at $51.75. Mr. Trisura says in a note: "Trisura stock has rallied strongly in recent weeks. We are encouraged by the rebound and believe the key to sustaining the momentum and ultimately rerate the stock is for the company to deliver a string of four or five consecutive quarters of clean earnings that meet or beat expectations with no further developments related to its run-off program or other negative surprises. In that context, we think the Q1/25 results were just what the doctor ordered to sustain recent gains and a step forward toward shaking off the current discount and regaining the valuation premium we think the stock deserves. We think the risk-reward continues to look favourable, albeit more balanced than before the rebound. We see upper teen upside potential even in the absence of further multiple expansion and driven simply by growth in book value if the company delivers on our earnings expectations."