Brokerages Set Savaria Co. (TSE:SIS) PT at C$23.57

Shares of Savaria Co. (TSE:SIS) have earned an average recommendation of “Buy” from the six analysts that are presently covering the firm, MarketBeat reports. Six research analysts have rated the stock with a buy recommendation. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$23.57.

A number of research analysts have recently weighed in on the company. Desjardins dropped 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. Cormark raised Savaria from a “hold” rating to a “moderate buy” rating in a research report on Friday, March 7th. Stifel Nicolaus decreased their price target on Savaria from C$25.00 to C$24.00 and set a “buy” rating for the company in a research report on Friday, March 7th. Scotiabank decreased their target price on Savaria from C$25.00 to C$22.00 and set an “outperform” rating for the company in a research report on Friday, March 7th. Finally, National Bankshares cut their price target on Savaria from C$27.00 to C$24.00 and set an “outperform” rating for the company in a report on Friday, March 7th.

Savaria Stock Down 1.3 %

SIS stock opened at C$16.58 on Monday. Savaria has a twelve month low of C$16.01 and a twelve month high of C$23.92. The company has a quick ratio of 0.91, a current ratio of 1.97 and a debt-to-equity ratio of 54.11. The stock’s 50 day moving average is C$18.13 and its 200-day moving average is C$20.27. The firm has a market capitalization of C$1.20 billion, a PE ratio of 25.94, a P/E/G ratio of 42.72 and a beta of 0.90.

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.