Savaria (TSE:SIS) PT Raised to C$20.00

Savaria (TSE:SISGet Free Report) had its price target hoisted by equities research analysts at TD Securities from C$18.00 to C$20.00 in a note issued to investors on Monday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ target price indicates a potential upside of 21.88% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the company. Scotiabank reduced their price objective on Savaria from C$19.00 to C$17.00 and set an “outperform” rating for the company in a report on Friday, November 3rd. Stifel Nicolaus set a C$25.00 price target on Savaria in a research note on Tuesday, November 28th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Savaria currently has a consensus rating of “Buy” and a consensus price target of C$20.00.

View Our Latest Stock Report on SIS

Savaria Stock Performance

Savaria stock traded up C$0.02 during midday trading on Monday, reaching C$16.41. 20,671 shares of the company’s stock were exchanged, compared to its average volume of 60,173. Savaria has a 52 week low of C$12.21 and a 52 week high of C$17.70. The company has a debt-to-equity ratio of 60.40, a quick ratio of 0.91 and a current ratio of 1.91. The firm has a market cap of C$1.16 billion, a price-to-earnings ratio of 27.81, a P/E/G ratio of 42.72 and a beta of 0.85. The stock’s 50-day simple moving average is C$15.35 and its 200 day simple moving average is C$14.87.

Insider Buying and Selling at Savaria

In other news, Senior Officer Jean-Philippe De Montigny acquired 17,980 shares of the stock in a transaction on Thursday, January 18th. The stock was acquired at an average cost of C$14.94 per share, for a total transaction of C$268,621.20. Company insiders own 19.86% of the company’s stock.

Savaria Company Profile

(Get Free Report)

Savaria Corporation provides accessibility solutions for the elderly and physically challenged people in Canada, the United States, the United Kingdom, rest of Europe, and internationally. The company operates through three segments: Accessibility, Patient Care, and Adapted Vehicles. The Accessibility segment designs, manufactures, distributes, and installs accessibility products, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair platform lifts for commercial and residential applications, and commercial accessibility and home elevators.

Further Reading

Analyst Recommendations for Savaria (TSE:SIS)

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