Savaria Co. (TSE:SIS) Given Average Recommendation of "Buy" by Analysts

Savaria Co. (TSE:SIS - Get Free Report) has been assigned a consensus recommendation of "Buy" from the six research firms that are covering the company, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a buy recommendation. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$23.83.

SIS has been the subject of several analyst reports. Desjardins lowered their price target on shares of Savaria from C$27.00 to C$25.00 and set a "buy" rating for the company in a report on Friday, March 7th. Scotiabank decreased 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, March 7th. TD Securities boosted their target price on shares of Savaria from C$22.00 to C$24.00 and gave the company a "buy" rating in a report on Thursday, May 8th. National Bankshares cut their price target on shares of 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 report on Friday, March 7th.

Insider Activity at Savaria

In other news, Director Alain Tremblay sold 10,000 shares of the firm's stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of C$19.61, for a total value of C$196,092.00. 17.45% of the stock is owned by corporate insiders.

Savaria Trading Up 0.4%

Shares of SIS traded up C$0.07 during mid-day trading on Friday, reaching C$19.20. 40,169 shares of the company were exchanged, compared to its average volume of 126,340. The business has a 50 day simple moving average of C$17.74 and a two-hundred day simple moving average of C$18.66. 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 stock has a market capitalization of C$1.39 billion, a PE ratio of 30.04, a PEG ratio of 42.72 and a beta of 0.90. Savaria has a 52 week low of C$14.97 and a 52 week high of C$23.92.

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.