Savaria Co. (TSE:SIS) Receives Average Rating of “Buy” from Analysts

Savaria Co. (TSE:SIS) has been assigned an average rating of “Buy” from the six research firms that are presently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a buy recommendation. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$23.57.

A number of research analysts have recently weighed in on the company. Cormark upgraded Savaria from a “hold” rating to a “moderate buy” rating in a report on Friday, March 7th. Desjardins dropped their target price on Savaria from C$27.00 to C$25.00 and set a “buy” rating on the stock in a report on Friday, March 7th. TD Securities dropped their price target on Savaria from C$25.00 to C$22.00 and set a “buy” rating on the stock in a report on Friday, March 7th. Raymond James dropped their price target on Savaria from C$27.50 to C$24.00 and set an “outperform” rating on the stock in a report on Friday, March 7th. Finally, Scotiabank dropped their price target on Savaria from C$25.00 to C$22.00 and set an “outperform” rating on the stock in a report on Friday, March 7th.

Savaria Stock Up 0.5 %

SIS stock opened at C$16.51 on Monday. Savaria has a twelve month low of C$16.01 and a twelve month high of C$23.92. The company has a quick ratio of 0.91, a current ratio of 1.97 and a debt-to-equity ratio of 54.11. The stock’s 50 day moving average is C$18.45 and its 200-day moving average is C$20.39. The firm has a market capitalization of C$1.19 billion, a PE ratio of 25.83, a P/E/G ratio of 42.72 and a beta of 0.90.

Savaria Company Profile

Savaria Corporation provides accessibility solutions for the elderly and physically challenged people in Canada, the United States, Europe, and internationally. The company operates in two segments, Accessibility and Patient Care. The Accessibility segment designs, manufactures, distributes, and installs a portfolio of accessibility products, including commercial and home elevators, stairlifts, platform lifts, and wheelchair lowered-floor accessible conversions for selected brands of minivans, personal, residential, or commercial applications.