Analysts Set Savaria Co. (TSE:SIS) Target Price at C$23.57

Savaria Co. (TSE:SIS) has earned an average recommendation of “Buy” from the six research firms that are currently covering the firm, MarketBeat Ratings reports. Six investment analysts have rated the stock with a buy rating. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$23.57.

A number of equities analysts recently commented on SIS shares. Stifel Nicolaus decreased their target price on Savaria from C$25.00 to C$24.00 and set a “buy” rating on the stock in a report on Friday, March 7th. Desjardins decreased their target price on Savaria from C$27.00 to C$25.00 and set a “buy” rating on the stock in a report on Friday, March 7th. TD Securities decreased their target price on Savaria from C$25.00 to C$22.00 and set a “buy” rating on the stock in a report on Friday, March 7th. Raymond James decreased their target price on Savaria from C$27.50 to C$24.00 and set an “outperform” rating on the stock in a report on Friday, March 7th. Finally, Cormark raised Savaria from a “hold” rating to a “moderate buy” rating in a report on Friday, March 7th.

Savaria Price Performance

Shares of Savaria stock opened at C$16.99 on Monday. Savaria has a one year low of C$16.01 and a one year high of C$23.92. The stock’s fifty day moving average is C$18.25 and its 200 day moving average is C$20.32. The stock has a market cap of C$1.23 billion, a P/E ratio of 26.58, a P/E/G ratio of 42.72 and a beta of 0.90. The company has a debt-to-equity ratio of 54.11, a quick ratio of 0.91 and a current ratio of 1.97.

About Savaria

Savaria Corp designs, engineers, and manufactures products for personal mobility. Its products include home elevators, wheelchair lifts, commercial elevators, ceiling lifts, stairlifts, and van conversions. The company’s operating segments are the Accessibility, Adapted Vehicles, and Patient Handling, divisions.