Savaria Co. (TSE:SIS) Receives C$23.57 Average Target Price from Brokerages

Savaria Co. (TSE:SIS) has earned an average rating of “Buy” from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a buy recommendation. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$23.57.

Several equities analysts have issued reports on the company. Stifel Nicolaus dropped their price target on Savaria from C$25.00 to C$24.00 and set a “buy” rating on the stock in a research note on Friday, March 7th. Scotiabank cut their price target on Savaria from C$25.00 to C$22.00 and set an “outperform” rating for the company in a research note on Friday, March 7th. TD Securities reduced their target price on shares of Savaria from C$25.00 to C$22.00 and set a “buy” rating for the company in a research note on Friday, March 7th. National Bankshares cut their target price on Savaria from C$27.00 to C$24.00 and set an “outperform” rating on the stock in a research note on Friday, March 7th. Finally, Raymond James decreased their price objective on shares of Savaria from C$27.50 to C$24.00 and set an “outperform” rating for the company in a report on Friday, March 7th.

Savaria Stock Performance

Shares of Savaria stock opened at C$16.11 on Friday. The business has a 50-day moving average price of C$16.96 and a two-hundred day moving average price of C$19.67. Savaria has a 1-year low of C$14.97 and a 1-year high of C$23.92. 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 cap of C$1.16 billion, a P/E ratio of 25.21, a PEG ratio of 42.72 and a beta of 0.90.

Savaria Company Profile

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.