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

Shares of Savaria Co. (TSE:SIS) have received an average rating of “Buy” from the six ratings firms that are covering the company, Marketbeat reports. Six investment analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$23.57.

A number of brokerages have commented on SIS. National Bankshares reduced their price objective on Savaria from C$27.00 to C$24.00 and set an “outperform” rating for the company in a research report on Friday, March 7th. Desjardins reduced their target price on Savaria from C$27.00 to C$25.00 and set a “buy” rating for the company in a research report on Friday, March 7th. TD Securities decreased their price target on shares of Savaria from C$25.00 to C$22.00 and set a “buy” rating on the stock in a research note on Friday, March 7th. Cormark upgraded shares of Savaria from a “hold” rating to a “moderate buy” rating in a research note on Friday, March 7th. Finally, Raymond James decreased their target price on shares of Savaria from C$27.50 to C$24.00 and set an “outperform” rating on the stock in a research report on Friday, March 7th.

Savaria Stock Up 1.5 %

TSE SIS opened at C$15.75 on Friday. Savaria has a twelve month low of C$14.97 and a twelve month high of C$23.92. The stock has a market cap of C$1.14 billion, a PE ratio of 24.64, a PEG ratio of 42.72 and a beta of 0.90. The firm has a 50-day simple moving average of C$17.05 and a 200 day simple moving average of C$19.75. The company has a debt-to-equity ratio of 54.11, a quick ratio of 0.91 and a current ratio of 1.97.

Savaria Company Profile

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.