The stock of Savaria Corporation (TSE:SIS) is a huge mover today! About 42,054 shares traded hands. Savaria Corporation (TSE:SIS) has risen 86.96% since March 30, 2016 and is uptrending. It has outperformed by 85.74% the S&P500.
The move comes after 7 months positive chart setup for the $407.88 million company. It was reported on Nov, 3 by Barchart.com. We have $21.47 PT which if reached, will make TSE:SIS worth $330.38 million more.
Savaria Corporation (TSE:SIS) Ratings Coverage
Out of 2 analysts covering Savaria Corp (TSE:SIS), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $10 is the highest target while $6 is the lowest. The $8 average target is -32.55% below today’s ($11.86) stock price. Savaria Corp has been the topic of 4 analyst reports since November 6, 2015 according to StockzIntelligence Inc. National Bank Canada maintained the shares of SIS in a report on Friday, November 6 with “Outperform” rating.
More notable recent Savaria Corporation (TSE:SIS) news were published by: Marketwired.com which released: “Savaria Corporation Added to S&P/TSX Small Cap Index” on September 14, 2016, also Seekingalpha.com with their article: “Savaria Corporation – Riding Strong Macroeconomic Tailwinds” published on January 25, 2016, Marketwired.com published: “Savaria Announces Results for its Third Quarter of 2016 and Raises Guidance Again” on November 02, 2016. More interesting news about Savaria Corporation (TSE:SIS) were released by: Marketwired.com and their article: “Savaria Announces Increase to Bought Deal Financing” published on May 27, 2016 as well as Marketwired.com‘s news article titled: “Savaria Announces Record-Breaking Second Quarter and Raises Guidance for 2016” with publication date: August 10, 2016.
Savaria Corporation is a Canada-based company, which offers a range of stairlifts, platform lifts, and residential and commercial elevators. The company has a market cap of $407.88 million. The Firm operates through two divisions: Accessibility and Adapted Vehicles. It has a 39.11 P/E ratio. The Accessibility segment designs, makes, distributes and installs accessibility products, such as stairlifts for both straight and curved stairs, vertical and inclined platform lifts and elevators for home and commercial use.
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