Savaria (TSE:SIS) Given New C$30.00 Price Target at National Bankshares

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

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

Savaria Price Performance

Shares of Savaria stock opened at C$23.34 on Monday. The firm has a market capitalization of C$1.67 billion, a PE ratio of 26.83, a price-to-earnings-growth ratio of 42.72 and a beta of 1.11. The company has a current ratio of 1.97, a quick ratio of 0.91 and a debt-to-equity ratio of 54.11. Savaria has a 12 month low of C$14.97 and a 12 month high of C$23.34. The business’s 50-day moving average price is C$21.76 and its 200-day moving average price is C$20.74.

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

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. 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.