Savaria Co. (TSE:SIS) Given Consensus Rating of “Buy” by Brokerages

Savaria Co. (TSE:SIS) has received a consensus rating of “Buy” from the six analysts that are currently covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a buy recommendation. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$26.67.

A number of analysts recently issued reports on the company. Stifel Nicolaus increased their target price on Savaria from C$26.00 to C$28.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. National Bankshares increased their price objective on shares of Savaria from C$26.00 to C$30.00 in a research report on Monday, December 22nd. Scotiabank boosted their price objective on shares of Savaria from C$25.00 to C$26.00 in a research report on Monday, November 10th. Finally, TD Securities upped their target price on shares of Savaria from C$24.00 to C$27.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th.

Savaria Stock Performance

Shares of Savaria stock opened at C$25.18 on Thursday. The stock’s fifty day simple moving average is C$23.19 and its 200 day simple moving average is C$21.78. The company has a current ratio of 1.97, a quick ratio of 0.91 and a debt-to-equity ratio of 54.11. The company has a market capitalization of C$1.80 billion, a PE ratio of 28.94, a PEG ratio of 42.72 and a beta of 1.04. Savaria has a 12 month low of C$14.97 and a 12 month high of C$25.93.

Savaria (TSE:SIS) last announced its quarterly earnings results on Wednesday, November 5th. The company reported C$0.32 earnings per share (EPS) for the quarter. The company had revenue of C$224.77 million during the quarter. Savaria had a return on equity of 8.24% and a net margin of 5.34%. On average, research analysts predict that Savaria will post 1.2048518 EPS for the current year.

Savaria Company Profile

Savaria Corporation ( savaria.com ) is a global leader in the accessibility industry. It provides accessibility solutions for the physically challenged to increase their comfort, their mobility and their independence. Its product line is one of the most comprehensive on the market. Savaria designs, manufactures, distributes and installs accessibility equipment, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair lifts and elevators for home and commercial use. It also manufactures and markets a comprehensive selection of pressure management products for the medical market, medical beds for the long-term care market, as well as an extensive line of medical equipment and solutions for the safe handling of patients, including ceiling lifts and slings.