Savaria Co. (TSE:SIS) Given Average Rating of “Moderate Buy” by Analysts

Shares of Savaria Co. (TSE:SIS) have been assigned an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$25.64.

SIS has been the subject of a number of recent analyst reports. TD Securities reduced their price objective on shares of Savaria from C$30.00 to C$25.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. National Bankshares upped their price objective on shares of Savaria from C$22.00 to C$27.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Finally, Cormark downgraded shares of Savaria from a “buy” rating to a “market perform” rating in a research report on Monday, November 11th.

Savaria Trading Up 1.0 %

Shares of SIS stock opened at C$18.07 on Thursday. Savaria has a 52-week low of C$15.52 and a 52-week high of C$23.92. The company has a debt-to-equity ratio of 54.11, a quick ratio of 0.91 and a current ratio of 1.97. The company has a 50-day simple moving average of C$19.49 and a two-hundred day simple moving average of C$20.64. The company has a market capitalization of C$1.31 billion, a price-to-earnings ratio of 28.27, a PEG ratio of 42.72 and a beta of 0.90.

About Savaria

Savaria Corporation provides accessibility solutions for the elderly and physically challenged people in Canada, the United States, Europe, and internationally. The company operates in two segments, Accessibility and Patient Care. The Accessibility segment designs, manufactures, distributes, and installs a portfolio of accessibility products, including commercial and home elevators, stairlifts, platform lifts, and wheelchair lowered-floor accessible conversions for selected brands of minivans, personal, residential, or commercial applications.