RE:Ink ResearchA few more specifics. GLTA
Savaria Corp.
On March 8, executive chairman Marcel Bourassa bought 65,000 shares at a cost per share of $16.31 for an account in which he has indirect ownership (9302-0071), increasing the holdings in this particular account to 277,931 shares. The cost of this purchase exceeded $1 million.
Mr. Bourassa is the company’s former president and chief executive officer.
According to Refinitiv Eikon, the stock has a unanimous buy recommendation from seven analysts with an average target price of $21.21, suggesting there is 29 per cent upside potential in the share price over the next year.