Savaria Co. (TSE:SIS) – Equities researchers at Desjardins raised their FY2019 EPS estimates for shares of Savaria in a note issued to investors on Tuesday, September 4th. Desjardins analyst F. Tremblay now forecasts that the company will earn $0.82 per share for the year, up from their prior forecast of $0.75.
Other analysts have also recently issued reports about the company. Cormark increased their price target on Savaria from C$20.00 to C$21.00 in a research report on Wednesday. National Bank Financial increased their price target on Savaria from C$20.00 to C$21.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 11th.
Shares of Savaria stock opened at C$20.49 on Friday. Savaria has a twelve month low of C$12.85 and a twelve month high of C$20.54.
The firm also recently announced a monthly dividend, which will be paid on Monday, September 17th. Investors of record on Friday, August 31st will be given a $0.03 dividend. This represents a $0.36 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend is Thursday, August 30th.
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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