Savaria (TSE:SIS) Given New C$25.00 Price Target at Desjardins

Savaria (TSE:SIS - Free Report) had its price target trimmed by Desjardins from C$27.00 to C$25.00 in a research note issued to investors on Friday,BayStreet.CA reports. The brokerage 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.

Other equities research analysts have also issued research reports about the stock. TD Securities lowered their target price on shares of Savaria from C$25.00 to C$22.00 and set a "buy" rating on the stock in a report on Friday. National Bankshares lowered their price objective on Savaria from C$27.00 to C$24.00 and set an "outperform" rating for the company in a research note on Friday. Stifel Nicolaus cut their target price on 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 target on Savaria from C$25.00 to C$22.00 and set an "outperform" rating for the company in a research report on Friday. Finally, Cormark downgraded shares of Savaria from a "buy" rating to a "market perform" rating in a report on Monday, November 11th. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of C$23.57.

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Savaria Stock Down 2.0 %

SIS stock traded down C$0.34 during midday trading on Friday, reaching C$16.26. 57,163 shares of the company's stock traded hands, compared to its average volume of 140,176. 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 firm's fifty day moving average price is C$18.73 and its 200-day moving average price is C$20.47. Savaria has a 52 week low of C$15.88 and a 52 week high of C$23.92. The company has a market cap of C$1.17 billion, a price-to-earnings ratio of 25.44, a P/E/G ratio of 42.72 and a beta of 0.90.

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.