Eight Capital set a C$15.00 target price on Savaria (TSE:SIS) in a research report released on Tuesday morning, BayStreet.CA reports.
A number of other analysts have also recently commented on SIS. National Bank Financial upped their price target on Savaria from C$17.00 to C$17.50 and gave the company an outperform rating in a research note on Friday, March 29th. Desjardins upped their price target on Savaria from C$16.00 to C$17.50 and gave the company a buy rating in a research note on Friday, March 29th. Finally, Laurentian lowered their price target on Savaria from C$20.00 to C$16.50 in a research note on Thursday, February 21st.
Shares of SIS stock opened at C$13.53 on Tuesday. The company has a debt-to-equity ratio of 51.40, a current ratio of 1.99 and a quick ratio of 0.91. The stock has a market capitalization of $632.63 million and a PE ratio of 33.83. Savaria has a one year low of C$11.41 and a one year high of C$20.95.
In other news, Director Jean-Louis Chapdelaine sold 25,000 shares of the company’s stock in a transaction dated Monday, April 8th. The stock was sold at an average price of C$13.27, for a total value of C$331,747.50. Following the completion of the sale, the director now directly owns 125,000 shares of the company’s stock, valued at approximately C$1,658,737.50.
Savaria Company Profile
Savaria Corporation designs, engineers, and manufactures products for personal mobility in Canada, the United States, and internationally. The company operates in three segments: Accessibility, Adapted Vehicles, and the Span. The Accessibility segment manufactures and distributes residential and commercial accessibility equipment for people with mobility challenges; and operates network of franchisees and corporate stores.
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