Savaria Co. (TSE:SIS) Receives Average Recommendation of “Buy” from Brokerages

Shares of Savaria Co. (TSE:SIS) have received a consensus rating of “Buy” from the six brokerages that are presently covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a buy rating. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$26.67.

SIS has been the subject of a number of research analyst reports. TD Securities raised their target price on Savaria from C$24.00 to C$27.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Stifel Nicolaus increased their price target on shares of Savaria from C$26.00 to C$28.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Scotiabank boosted their price objective on shares of Savaria from C$25.00 to C$26.00 in a research note on Monday, November 10th. Finally, National Bank Financial increased their target price on Savaria from C$26.00 to C$30.00 in a research note on Monday, December 22nd.

Savaria Price Performance

Shares of Savaria stock opened at C$25.25 on Monday. The company has a market cap of C$1.81 billion, a PE ratio of 29.02, a P/E/G ratio of 42.72 and a beta of 1.04. The business has a 50 day moving average of C$24.44 and a 200 day moving average of C$22.40. Savaria has a 52 week low of C$14.97 and a 52 week high of C$25.99. The company has a quick ratio of 0.91, a current ratio of 1.97 and a debt-to-equity ratio of 54.11.

Savaria Company Profile

Savaria Corporation ( savaria.com ) is a global leader in the accessibility industry. It provides accessibility solutions for the physically challenged to increase their comfort, their mobility and their independence. Its product line is one of the most comprehensive on the market. Savaria designs, manufactures, distributes and installs accessibility equipment, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair lifts and elevators for home and commercial use. It also manufactures and markets a comprehensive selection of pressure management products for the medical market, medical beds for the long-term care market, as well as an extensive line of medical equipment and solutions for the safe handling of patients, including ceiling lifts and slings.