Savaria Co. (SIS) Receives “Buy” Rating from Desjardins
Savaria Co. (TSE:SIS)‘s stock had its “buy” rating reiterated by research analysts at Desjardins in a report issued on Wednesday. They currently have a C$16.50 price objective on the stock. Desjardins’ price objective would indicate a potential upside of 12.78% from the stock’s previous close.
Separately, Laurentian reduced their target price on Savaria from C$18.50 to C$17.50 in a report on Friday, August 11th.
Savaria (SIS) traded up 3.21% during midday trading on Wednesday, hitting $15.10. The company had a trading volume of 115,119 shares. The stock has a 50 day moving average of $13.92 and a 200 day moving average of $14.89. Savaria has a 52-week low of $9.85 and a 52-week high of $17.55. The firm has a market cap of $621.77 million and a price-to-earnings ratio of 43.39.
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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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