Savaria (TSE:SIS) had its target price raised by equities researchers at Desjardins from C$18.50 to C$20.00 in a research note issued to investors on Monday. Desjardins’ price target would indicate a potential upside of 13.31% from the company’s previous close.

Separately, National Bank Financial lifted their target price on Savaria from C$17.00 to C$18.50 and gave the stock an “outperform” rating in a research report on Wednesday, November 15th.

Savaria (SIS) traded up C$0.37 on Monday, hitting C$17.65. The stock had a trading volume of 103,442 shares, compared to its average volume of 89,575. Savaria has a twelve month low of C$10.18 and a twelve month high of C$18.23.

In related news, Director Jean-Louis Chapdelaine sold 5,000 shares of the business’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of C$17.20, for a total value of C$86,000.00. Insiders sold a total of 11,000 shares of company stock worth $192,880 in the last 90 days.

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Savaria Company Profile

Savaria Corporation operates in the accessibility industry in Canada, the United States, and internationally. The company operates in two segments, Accessibility and Adapted Vehicles. The Accessibility segment designs, manufactures, distributes, and installs accessibility products, such as stairlifts for straight and curved stairs; vertical and inclined wheelchair lifts; elevators for home and commercial use; and patient lifts.

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