Savaria (TSE:SIS) Price Target Raised to C$30.00

Savaria (TSE:SIS) had its price objective boosted by National Bankshares from C$26.00 to C$30.00 in a research note published on Monday morning,BayStreet.CA reports.

A number of other research firms also recently weighed in on SIS. Scotiabank increased their target price on shares of Savaria from C$25.00 to C$26.00 in a research report on Monday, November 10th. TD Securities increased their price objective on Savaria from C$24.00 to C$27.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of C$26.17.

Savaria Trading Down 0.1%

Shares of Savaria stock opened at C$23.19 on Monday. The firm has a market cap of C$1.66 billion, a PE ratio of 26.66, a P/E/G ratio of 42.72 and a beta of 1.11. Savaria has a 1 year low of C$14.97 and a 1 year high of C$23.45. The company has a debt-to-equity ratio of 54.11, a current ratio of 1.97 and a quick ratio of 0.91. The stock has a fifty day moving average price of C$21.83 and a 200-day moving average price of C$20.79.

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