National Bankshares Has Lowered Expectations for Savaria (TSE:SIS) Stock Price

Savaria (TSE:SIS) had its price objective trimmed by National Bankshares from C$27.00 to C$24.00 in a report released on Friday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Other analysts also recently issued reports about the company. Scotiabank dropped their price objective on Savaria from C$25.00 to C$22.00 and set an “outperform” rating for the company in a report on Friday. TD Securities dropped their price objective on Savaria from C$30.00 to C$25.00 and set a “buy” rating for the company in a report on Thursday, January 30th. Stifel Nicolaus dropped their price objective on Savaria from C$25.00 to C$24.00 and set a “buy” rating for the company in a report on Friday. Finally, Cormark downgraded Savaria from a “buy” rating to a “market perform” rating in a report on Monday, November 11th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$23.57.

Savaria Trading Up 5.0 %

SIS stock opened at C$17.30 on Friday. The company has a market cap of C$1.25 billion, a price-to-earnings ratio of 27.07, a PEG ratio of 42.72 and a beta of 0.90. 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 business has a fifty day simple moving average of C$18.80 and a 200-day simple moving average of C$20.48. Savaria has a 52 week low of C$15.88 and a 52 week high of C$23.92.

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.