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

Shares of Savaria Co. (TSE:SIS - Get Free Report) have earned a consensus recommendation of "Buy" from the six research firms that are currently covering the stock, MarketBeat.com reports. Six analysts have rated the stock with a buy recommendation. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is C$23.83.

A number of equities research analysts have commented on SIS shares. TD Securities raised their price objective on Savaria from C$22.00 to C$24.00 and gave the company a "buy" rating in a research note on Thursday. Desjardins reduced their price objective on Savaria from C$27.00 to C$25.00 and set a "buy" rating for the company in a research note on Friday, March 7th. Raymond James cut their target price on Savaria from C$27.50 to C$24.00 and set an "outperform" rating on the stock in a research report on Friday, March 7th. 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, March 7th. Finally, National Bankshares cut their target price on Savaria from C$27.00 to C$24.00 and set an "outperform" rating on the stock in a research report on Friday, March 7th.

Savaria Stock Up 1.5%

Savaria stock traded up C$0.28 during mid-day trading on Tuesday, reaching C$19.43. The stock had a trading volume of 108,821 shares, compared to its average volume of 137,308. The company has a debt-to-equity ratio of 54.11, a quick ratio of 0.91 and a current ratio of 1.97. Savaria has a fifty-two week low of C$14.97 and a fifty-two week high of C$23.92. The stock's 50-day simple moving average is C$16.76 and its 200-day simple moving average is C$19.00. The firm has a market capitalization of C$1.40 billion, a PE ratio of 30.40, a price-to-earnings-growth 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.