Savaria Co. (TSE:SIS) Receives C$23.83 Average Price Target from Analysts

Shares of Savaria Co. (TSE:SIS) have received a consensus recommendation of “Buy” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a buy rating. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$23.83.

Separately, TD Securities boosted their price target on shares of Savaria from C$22.00 to C$24.00 and gave the stock a “buy” rating in a research report on Thursday, May 8th.

Insider Buying and Selling

In other news, Director Alain Tremblay sold 10,000 shares of Savaria stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of C$19.61, for a total value of C$196,092.00. 17.45% of the stock is owned by company insiders.

Savaria Price Performance

Shares of TSE:SIS opened at C$20.02 on Friday. The company has a debt-to-equity ratio of 54.11, a current ratio of 1.97 and a quick ratio of 0.91. Savaria has a 1-year low of C$14.97 and a 1-year high of C$23.92. The company has a market capitalization of C$1.45 billion, a P/E ratio of 31.32, a P/E/G ratio of 42.72 and a beta of 0.90. The firm’s 50 day simple moving average is C$19.36 and its two-hundred day simple moving average is C$18.29.

About Savaria

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.