National Bankshares Raises Savaria (TSE:SIS) Price Target to C$21.00

Savaria (TSE:SIS - Get Free Report) had its price objective boosted by investment analysts at National Bankshares from C$20.50 to C$21.00 in a report issued on Thursday, BayStreet.CA reports. National Bankshares' price target would suggest a potential upside of 17.52% from the stock's current price.

Other analysts have also recently issued research reports about the company. TD Securities boosted their target price on Savaria from C$21.00 to C$23.00 and gave the stock a "buy" rating in a report on Friday, April 12th. Scotiabank upped their price target on shares of Savaria from C$17.00 to C$21.50 and gave the stock an "outperform" rating in a research report on Friday, March 8th. Stifel Nicolaus cut their price objective on Savaria from C$25.00 to C$23.00 and set a "buy" rating on the stock in a research report on Friday, March 8th. Raymond James upped their target price on Savaria from C$18.00 to C$19.00 and gave the stock an "outperform" rating in a research report on Friday, March 8th. Finally, Desjardins raised their target price on Savaria from C$22.50 to C$23.50 and gave the company a "buy" rating in a report on Wednesday, April 10th. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, Savaria has an average rating of "Buy" and a consensus target price of C$21.71.

Savaria Trading Up 5.4 %

Savaria stock traded up C$0.91 during trading on Thursday, reaching C$17.87. The company had a trading volume of 387,321 shares, compared to its average volume of 63,384. The company has a debt-to-equity ratio of 58.17, a quick ratio of 0.91 and a current ratio of 1.98. The firm has a market capitalization of C$1.27 billion, a price-to-earnings ratio of 31.35, a PEG ratio of 42.72 and a beta of 0.88. Savaria has a 12-month low of C$12.21 and a 12-month high of C$17.89. The stock's 50 day moving average price is C$16.72 and its two-hundred day moving average price is C$15.62.

Savaria (TSE:SIS - Get Free Report) last released its quarterly earnings data on Wednesday, March 6th. The company reported C$0.19 EPS for the quarter, topping analysts' consensus estimates of C$0.18 by C$0.01. Savaria had a return on equity of 7.55% and a net margin of 4.52%. The business had revenue of C$216.84 million during the quarter, compared to the consensus estimate of C$214.78 million. As a group, equities analysts expect that Savaria will post 0.7950398 earnings per share for the current fiscal year.

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.