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

Savaria (TSE:SIS) had its price objective decreased by research analysts at Desjardins from C$27.00 to C$25.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ price target points to a potential upside of 44.51% from the stock’s previous close. Desjardins also issued estimates for Savaria’s Q1 2025 earnings at $0.15 EPS, Q2 2025 earnings at $0.15 EPS, Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.31 EPS, FY2025 earnings at $0.88 EPS and FY2026 earnings at $1.33 EPS.

SIS has been the topic of several other research reports. Scotiabank cut their price target on shares of Savaria from C$25.00 to C$22.00 and set an “outperform” rating on the stock in a report on Friday. TD Securities cut their price target on shares of Savaria from C$25.00 to C$22.00 and set a “buy” rating on the stock in a report on Friday. Cormark lowered shares of Savaria from a “buy” rating to a “market perform” rating in a report on Monday, November 11th. National Bankshares cut their price target on shares of Savaria from C$27.00 to C$24.00 and set an “outperform” rating on the stock in a report on Friday. Finally, Stifel Nicolaus dropped 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. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$23.57.

Savaria Trading Up 5.0 %

Shares of SIS stock opened at C$17.30 on Friday. The firm 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. Savaria has a 1-year low of C$15.88 and a 1-year high of C$23.92. The company has a debt-to-equity ratio of 54.11, a current ratio of 1.97 and a quick ratio of 0.91. The firm’s 50-day simple moving average is C$18.80 and its 200-day simple moving average is C$20.48.

About Savaria

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.