Savaria (TSE:SIS - Get Free Report) had its price target dropped by investment analysts at TD Securities from C$25.00 to C$22.00 in a report issued on Friday,BayStreet.CA reports. The brokerage presently has a "buy" rating on the stock. TD Securities' target price would suggest a potential upside of 35.30% from the stock's previous close.
Other research analysts also recently issued reports about the stock. National Bankshares lowered their price objective on shares of Savaria from C$27.00 to C$24.00 and set an "outperform" rating for the company in a research report on Friday. Cormark cut Savaria from a "buy" rating to a "market perform" rating in a research report on Monday, November 11th. Scotiabank lowered their price objective on shares of Savaria from C$25.00 to C$22.00 and set an "outperform" rating for the company in a research report on Friday. Finally, Stifel Nicolaus cut their price target on Savaria from C$25.00 to C$24.00 and set a "buy" rating on the stock in a research note on Friday. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of C$23.57.
Read Our Latest Analysis on SIS
Savaria Price Performance
Savaria stock traded down C$0.34 during trading hours on Friday, reaching C$16.26. 57,163 shares of the stock were exchanged, compared to its average volume of 140,176. The stock has a 50 day moving average of C$18.73 and a two-hundred day moving average of C$20.47. The company has a market cap of C$1.17 billion, a P/E ratio of 25.44, a price-to-earnings-growth ratio of 42.72 and a beta of 0.90. The company has a current ratio of 1.97, a quick ratio of 0.91 and a debt-to-equity ratio of 54.11. Savaria has a twelve month low of C$15.88 and a twelve month high of C$23.92.
About Savaria
(
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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.
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