Brokerages Set Savaria Co. (TSE:SIS) PT at C$23.83

Shares of Savaria Co. (TSE:SIS - Get Free Report) have been assigned a consensus recommendation of "Buy" from the six ratings firms that are presently covering the company, MarketBeat reports. Six investment analysts have rated the stock with a buy rating. The average twelve-month target price among brokers that have covered the stock in the last year is C$23.83.

Several research firms have weighed in on SIS. Stifel Nicolaus cut their price objective 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. Scotiabank decreased their target price on Savaria from C$25.00 to C$22.00 and set an "outperform" rating on the stock in a research note on Friday, March 7th. TD Securities upped their target price on Savaria from C$22.00 to C$24.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. National Bankshares reduced their price objective 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. Finally, Cormark upgraded Savaria from a "hold" rating to a "moderate buy" rating in a research report on Friday, March 7th.

Insider Transactions at Savaria

In related news, Director Alain Tremblay sold 10,000 shares of the firm's stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of C$19.61, for a total transaction of C$196,092.00. Insiders own 17.45% of the company's stock.

Savaria Stock Up 0.3%

Savaria stock traded up C$0.05 during trading on Friday, hitting C$19.10. 39,339 shares of the company were exchanged, compared to its average volume of 126,838. The business's 50 day moving average is C$17.63 and its 200 day moving average is C$18.67. 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 52 week low of C$14.97 and a 52 week high of C$23.92. The company has a market capitalization of C$1.38 billion, a P/E ratio of 29.88, a PEG ratio of 42.72 and a beta of 0.90.

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.