Desjardins Cuts Savaria (TSE:SIS) Price Target to C$25.00

Savaria (TSE:SIS) had its target price reduced by Desjardins from C$27.00 to C$25.00 in a report released on Friday morning,BayStreet.CA reports. Desjardins currently has a buy rating on the stock. Desjardins also issued estimates for Savaria’s Q1 2025 earnings at $0.15 EPS, Q2 2025 earnings at $0.15 EPS, Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.31 EPS, FY2025 earnings at $0.88 EPS and FY2026 earnings at $1.33 EPS.

A number of other research analysts have also weighed in on SIS. TD Securities dropped 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 report on Friday. National Bankshares dropped their price target on shares of Savaria from C$27.00 to C$24.00 and set an “outperform” rating on the stock in a research report on Friday. Stifel Nicolaus dropped their price target on shares of Savaria from C$25.00 to C$24.00 and set a “buy” rating on the stock in a research report on Friday. Scotiabank lowered their price objective on shares of Savaria from C$25.00 to C$22.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, Cormark lowered shares of Savaria from a “buy” rating to a “market perform” rating in a research report on Monday, November 11th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$23.57.

Savaria Stock Up 5.0 %

Shares of TSE SIS opened at C$17.30 on Friday. The stock has a market capitalization of C$1.25 billion, a P/E ratio of 27.07, a P/E/G ratio of 42.72 and a beta of 0.90. The company has a 50-day moving average price of C$18.80 and a 200-day moving average price of C$20.49. Savaria has a 1 year low of C$15.88 and a 1 year high of C$23.92. The company has a debt-to-equity ratio of 54.11, a current ratio of 1.97 and a quick ratio of 0.91.

About Savaria

Savaria Corporation provides accessibility solutions for the elderly and physically challenged people in Canada, the United States, Europe, and internationally. The company operates in two segments, Accessibility and Patient Care. The Accessibility segment designs, manufactures, distributes, and installs a portfolio of accessibility products, including commercial and home elevators, stairlifts, platform lifts, and wheelchair lowered-floor accessible conversions for selected brands of minivans, personal, residential, or commercial applications.