Savaria (TSE:SIS) Price Target Lowered to C$25.00 at Desjardins

Savaria (TSE:SIS) had its price objective trimmed by Desjardins from C$27.00 to C$25.00 in a research report report published on Friday,BayStreet.CA reports. They currently have a buy rating on the stock.

Several other analysts have also recently weighed in on the stock. National Bankshares decreased their price objective on shares of Savaria from C$27.00 to C$24.00 and set an “outperform” rating on the stock in a research note on Friday. Stifel Nicolaus decreased their price objective on shares of Savaria from C$25.00 to C$24.00 and set a “buy” rating on the stock in a research note on Friday. Scotiabank decreased their price objective on shares of Savaria from C$25.00 to C$22.00 and set an “outperform” rating on the stock in a research note on Friday. Cormark cut shares of Savaria from a “buy” rating to a “market perform” rating in a research note on Monday, November 11th. Finally, TD Securities decreased their price objective on shares of Savaria from C$25.00 to C$22.00 and set a “buy” rating on the stock in a research note on Friday. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$23.57.

Savaria Stock Performance

TSE SIS opened at C$17.30 on Friday. The stock has a market cap of C$1.25 billion, a P/E ratio of 27.07, a PEG ratio of 42.72 and a beta of 0.90. The company’s 50-day simple moving average is C$18.80 and its 200 day simple moving average is C$20.48. Savaria has a twelve month low of C$15.88 and a twelve month high of C$23.92. The company has a quick ratio of 0.91, a current ratio of 1.97 and a debt-to-equity ratio of 54.11.

Savaria Company Profile

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.