Savaria Co. (SIS) PT Raised to C$12.50
Savaria Co. (TSE:SIS) had its price objective raised by stock analysts at National Bank Financial from C$10.00 to C$12.50 in a report issued on Wednesday. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s target price would indicate a potential upside of 10.62% from the stock’s current price.
Other research analysts have also recently issued research reports about the company. Laurentian upped their target price on Savaria from C$7.00 to C$9.00 and gave the company a “buy” rating in a research note on Thursday, June 16th. Laurentian Bank of Canada upped their target price on Savaria from C$7.00 to C$9.00 and gave the company a “buy” rating in a research note on Thursday, June 16th.
Savaria (TSE:SIS) opened at 11.30 on Wednesday. Savaria has a 52-week low of $4.37 and a 52-week high of $11.60. The company’s 50-day moving average price is $10.49 and its 200-day moving average price is $8.63. The company has a market cap of $398.95 million and a price-to-earnings ratio of 36.69.
In related news, Director Alison Fraser sold 7,300 shares of the business’s stock in a transaction that occurred on Tuesday, September 6th. The stock was sold at an average price of C$9.86, for a total value of C$71,978.00.
Savaria Corporation is a Canada-based company, which offers a range of stairlifts, platform lifts, and residential and commercial elevators. The Company operates through two segments: Accessibility and Adapted Vehicles. The Accessibility segment designs, manufactures, distributes and installs accessibility products, such as stairlifts for both straight and curved stairs, vertical and inclined platform lifts and elevators for home and commercial use.
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