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

Savaria Co. (TSE:SIS) has received a consensus recommendation of “Buy” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a buy recommendation. The average 12-month price target among brokerages that have covered the stock in the last year is C$26.67.

SIS has been the subject of a number of recent analyst reports. TD Securities upped their target price on Savaria from C$24.00 to C$27.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Scotiabank raised their target price on shares of Savaria from C$25.00 to C$26.00 in a research report on Monday, November 10th. National Bank Financial lifted their target price on shares of Savaria from C$26.00 to C$30.00 in a research note on Monday, December 22nd. Finally, Stifel Nicolaus boosted their price target on shares of Savaria from C$26.00 to C$28.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th.

Savaria Trading Up 0.5%

Shares of Savaria stock traded up C$0.12 during trading on Thursday, reaching C$25.32. 8,666 shares of the stock were exchanged, compared to its average volume of 173,892. The company has a quick ratio of 0.91, a current ratio of 1.97 and a debt-to-equity ratio of 54.11. The firm has a market cap of C$1.81 billion, a price-to-earnings ratio of 29.10, a price-to-earnings-growth ratio of 42.72 and a beta of 1.04. Savaria has a 1 year low of C$14.97 and a 1 year high of C$25.93. The stock’s fifty day moving average is C$23.58 and its 200 day moving average is C$21.97.

Savaria (TSE:SIS) last released its quarterly earnings results on Wednesday, November 5th. The company reported C$0.32 EPS for the quarter. The business had revenue of C$224.77 million during the quarter. Savaria had a return on equity of 8.24% and a net margin of 5.34%. As a group, equities research analysts expect that Savaria will post 1.2048518 earnings per share for the current fiscal year.

Savaria Company Profile

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.