Brokerages Set Savaria Co. (TSE:SIS) Target Price at C$23.57

Shares of Savaria Co. (TSE:SIS) have received an average rating of “Buy” from the six brokerages that are covering the stock, Marketbeat reports. Six analysts have rated the stock with a buy rating. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$23.83.

Several research firms have weighed in on SIS. Cormark raised shares of Savaria from a “hold” rating to a “moderate buy” rating in a research note on Friday, March 7th. National Bankshares decreased their target price on Savaria from C$27.00 to C$24.00 and set an “outperform” rating for the company in a research report on Friday, March 7th. TD Securities upped their price target on Savaria from C$22.00 to C$24.00 and gave the stock a “buy” rating in a research note on Thursday. Desjardins reduced their price objective on Savaria from C$27.00 to C$25.00 and set a “buy” rating for the company in a research note on Friday, March 7th. Finally, Raymond James lowered their target price on Savaria from C$27.50 to C$24.00 and set an “outperform” rating on the stock in a research report on Friday, March 7th.

Savaria Stock Performance

TSE:SIS opened at C$19.43 on Tuesday. The company has a quick ratio of 0.91, a current ratio of 1.97 and a debt-to-equity ratio of 54.11. Savaria has a twelve month low of C$14.97 and a twelve month high of C$23.92. The company has a fifty day moving average of C$16.76 and a 200-day moving average of C$19.03. The firm has a market capitalization of C$1.40 billion, a P/E ratio of 30.40, a P/E/G ratio of 42.72 and a beta of 0.90.

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.