Savaria Co. (TSE:SIS) Given Consensus Rating of “Buy” by Brokerages

Shares of Savaria Co. (TSE:SIS) have been given a consensus rating of “Buy” by the six research firms that are presently covering the firm, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a buy rating. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is C$23.57.

A number of equities research analysts have commented on the company. Desjardins reduced their price objective on Savaria from C$27.00 to C$25.00 and set a “buy” rating for the company in a research note on Friday, March 7th. Cormark raised Savaria from a “hold” rating to a “moderate buy” rating in a research note on Friday, March 7th. Raymond James reduced their price objective on Savaria from C$27.50 to C$24.00 and set an “outperform” rating for the company in a research note on Friday, March 7th. Stifel Nicolaus reduced their price objective on Savaria from C$25.00 to C$24.00 and set a “buy” rating for the company in a research note on Friday, March 7th. Finally, National Bankshares reduced their price objective on Savaria from C$27.00 to C$24.00 and set an “outperform” rating for the company in a research note on Friday, March 7th.

Savaria Trading Down 1.3 %

TSE SIS opened at C$16.58 on Monday. The business has a 50 day simple moving average of C$18.13 and a 200 day simple moving average of C$20.28. Savaria has a one year low of C$16.01 and a one year high of C$23.92. The stock has a market capitalization of C$1.20 billion, a P/E ratio of 25.94, a P/E/G ratio of 42.72 and a beta of 0.90. 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 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.