Savaria (TSE:SIS) Price Target Raised to C$28.00

Savaria (TSE:SIS) had its price target upped by Stifel Nicolaus from C$26.00 to C$28.00 in a report published on Wednesday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Other analysts have also issued reports about the stock. TD Securities raised their price objective on shares of Savaria from C$24.00 to C$27.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. National Bankshares upped their target price on shares of Savaria from C$26.00 to C$30.00 in a research note on Monday, December 22nd. Finally, Scotiabank increased their price target on shares of Savaria from C$25.00 to C$26.00 in a report on Monday, November 10th. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$26.67.

Savaria Stock Up 0.9%

Shares of TSE:SIS opened at C$25.15 on Wednesday. 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 stock has a fifty day simple moving average of C$22.43 and a two-hundred day simple moving average of C$21.31. Savaria has a 12-month low of C$14.97 and a 12-month high of C$25.23. The stock has a market capitalization of C$1.80 billion, a price-to-earnings ratio of 28.91, a PEG ratio of 42.72 and a beta of 1.03.

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

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. The Accessibility segment deals with manufacturing, designing, installing, and distributing elevators, platform lifts, and stairlifts for people with mobility challenges. The Adapted Vehicle segment adapts vans to be wheelchair accessible for people with mobility challenges.