Analysts Set Savaria Co. (TSE:SIS) Target Price at C$24.33

Shares of Savaria Co. (TSE:SIS - Get Free Report) have been given a consensus recommendation of "Buy" by the six analysts that are covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy recommendation. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$24.33.

Several equities analysts have weighed in on SIS shares. Stifel Nicolaus raised their target price on Savaria from C$24.00 to C$25.00 and gave the company a "buy" rating in a report on Friday, August 22nd. National Bankshares boosted their target price on Savaria from C$24.00 to C$26.00 and gave the stock an "outperform" rating in a report on Monday, August 11th.

Insider Buying and Selling at Savaria

In other news, insider Alexandre Bourassa sold 25,000 shares of the business's stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of C$21.18, for a total value of C$529,545.00. Following the completion of the sale, the insider directly owned 20,000 shares in the company, valued at approximately C$423,636. The trade was a 55.56% decrease in their ownership of the stock. Insiders own 17.45% of the company's stock.

Savaria Stock Down 0.8%

Shares of SIS stock traded down C$0.17 on Monday, hitting C$20.51. The company's stock had a trading volume of 55,401 shares, compared to its average volume of 101,220. The company has a debt-to-equity ratio of 54.11, a current ratio of 1.97 and a quick ratio of 0.91. Savaria has a fifty-two week low of C$14.97 and a fifty-two week high of C$23.92. The firm's fifty day moving average price is C$20.37 and its 200-day moving average price is C$18.74. The stock has a market capitalization of C$1.47 billion, a price-to-earnings ratio of 26.99, a P/E/G ratio of 42.72 and a beta of 1.18.

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.