Savaria Co. (SIS) Price Target Raised to C$12.50 at National Bank Financial
Savaria Co. (TSE:SIS) had its price target lifted by investment analysts at National Bank Financial from C$10.00 to C$12.50 in a report released on Wednesday, StockTargetPrices.com reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price objective would indicate a potential upside of 13.64% from the stock’s current price.
SIS has been the subject of a number of other research reports. Laurentian increased their target price on shares of Savaria from C$7.00 to C$9.00 and gave the stock a “buy” rating in a report on Thursday, June 16th. Laurentian Bank of Canada raised their price objective on shares of Savaria from C$7.00 to C$9.00 and gave the company a “buy” rating in a report on Thursday, June 16th.
Savaria (TSE:SIS) traded up 1.73% during midday trading on Wednesday, reaching $11.19. 54,067 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $10.39 and its 200 day moving average is $8.59. Savaria has a 1-year low of $4.37 and a 1-year high of $11.60. The stock has a market cap of $395.06 million and a P/E ratio of 36.33.
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In related news, Director Alison Fraser sold 7,300 shares of the firm’s stock in a transaction that occurred on Tuesday, September 6th. The shares were sold at an average price of C$9.86, for a total value of C$71,978.00.
Savaria Company Profile
Savaria Corporation is a Canada-based company, which offers a range of stairlifts, platform lifts, and residential and commercial elevators. The Company operates through two segments: Accessibility and Adapted Vehicles. The Accessibility segment designs, manufactures, distributes and installs accessibility products, such as stairlifts for both straight and curved stairs, vertical and inclined platform lifts and elevators for home and commercial use.
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