Analysts Set Savaria Co. (TSE:SIS) Price Target at C$30.93

Shares of Savaria Co. (TSE:SIS) have received an average rating of “Buy” from the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a buy rating. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$30.93.

Several brokerages have recently weighed in on SIS. ATB Cormark Capital Markets increased their price target on Savaria from C$30.00 to C$32.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. Scotiabank upped their price objective on Savaria from C$29.00 to C$30.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. TD Securities increased their target price on Savaria from C$27.00 to C$31.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Raymond James Financial lifted their target price on Savaria from C$27.00 to C$32.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Finally, Stifel Nicolaus boosted their target price on shares of Savaria from C$28.00 to C$29.00 and gave the company a “buy” rating in a research note on Friday, March 6th.

Savaria Price Performance

SIS stock opened at C$26.88 on Friday. The stock has a market cap of C$1.93 billion, a PE ratio of 28.00, a P/E/G ratio of 42.72 and a beta of 1.14. Savaria has a 12 month low of C$14.97 and a 12 month high of C$27.70. The company has a 50-day moving average price of C$25.32 and a 200 day moving average price of C$23.19. The company has a current ratio of 1.61, a quick ratio of 0.91 and a debt-to-equity ratio of 32.13.

Savaria (TSE:SIS) last posted its quarterly earnings data on Wednesday, March 4th. The company reported C$0.37 earnings per share for the quarter. Savaria had a net margin of 7.53% and a return on equity of 11.10%. The company had revenue of C$241.78 million for the quarter. Equities research analysts anticipate that Savaria will post 1.2048518 earnings per share for the current year.

About Savaria

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.