Savaria (TSE:SIS) Price Target Lowered to C$24.00 at Stifel Nicolaus

Savaria (TSE:SIS - Get Free Report) had its price objective dropped by equities research analysts at Stifel Nicolaus from C$25.00 to C$24.00 in a research note issued to investors on Friday,BayStreet.CA reports. The firm currently has a "buy" rating on the stock. Stifel Nicolaus' price target points to a potential upside of 47.60% from the stock's previous close.

A number of other equities research analysts have also commented on SIS. Cormark lowered shares of Savaria from a "buy" rating to a "market perform" rating in a report on Monday, November 11th. TD Securities decreased their price target on shares of Savaria from C$30.00 to C$25.00 and set a "buy" rating on the stock in a research note on Thursday, January 30th. Finally, Scotiabank dropped 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. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has an average rating of "Buy" and an average price target of C$23.57.

Savaria Price Performance

Savaria stock traded down C$0.34 on Friday, reaching C$16.26. The company's stock had a trading volume of 57,163 shares, compared to its average volume of 140,176. The business's fifty day moving average price is C$18.73 and its 200 day moving average price is C$20.47. The company has a debt-to-equity ratio of 54.11, a quick ratio of 0.91 and a current ratio of 1.97. The company has a market cap of C$1.17 billion, a price-to-earnings ratio of 25.44, a PEG ratio of 42.72 and a beta of 0.90. Savaria has a twelve month low of C$15.88 and a twelve month high of C$23.92.

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Savaria Company Profile

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.