Savaria Co. (SIS) Price Target Raised to C$18.50 at Desjardins

Savaria Co. (TSE:SIS) had its target price raised by Desjardins from C$17.50 to C$18.50 in a research note issued on Thursday. Desjardins’ price objective suggests a potential upside of 11.85% from the stock’s current price.

SIS has been the subject of a number of other reports. Laurentian dropped their target price on shares of Savaria from C$18.50 to C$17.50 in a report on Friday, August 11th. National Bank Financial increased their target price on shares of Savaria from C$17.00 to C$18.50 and gave the stock an “outperform” rating in a report on Wednesday.

Savaria (SIS) traded up C$1.03 during trading on Thursday, hitting C$16.54. 358,335 shares of the stock were exchanged, compared to its average volume of 87,480. Savaria has a one year low of C$9.85 and a one year high of C$17.55.

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About Savaria

Savaria Corporation is a Canada-based company, which offers a range of stairlifts, platform lifts, and residential and commercial elevators. The Company operates through two segments: Accessibility and Adapted Vehicles. The Accessibility segment designs, manufactures, distributes and installs accessibility products, such as stairlifts for both straight and curved stairs, vertical and inclined platform lifts and elevators for home and commercial use.

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