Savaria Co. (TSE:SIS) Receives C$23.57 Consensus Price Target from Analysts

Savaria Co. (TSE:SIS - Get Free Report) has been assigned a consensus recommendation of "Buy" from the six ratings firms that are covering the company, MarketBeat reports. Six investment analysts have rated the stock with a buy rating. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$23.57.

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

Savaria Stock Up 1.4 %

SIS traded up C$0.23 on Friday, reaching C$16.34. The company's stock had a trading volume of 5,913 shares, compared to its average volume of 138,333. The company has a market capitalization of C$1.18 billion, a price-to-earnings ratio of 25.57, a P/E/G ratio of 42.72 and a beta of 0.90. The company has a quick ratio of 0.91, a current ratio of 1.97 and a debt-to-equity ratio of 54.11. Savaria has a fifty-two week low of C$14.97 and a fifty-two week high of C$23.92. The stock has a 50 day moving average of C$16.96 and a two-hundred day moving average of C$19.67.

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.