Vicon Industries’ (VII) Buy Rating Reiterated at CIBC

CIBC reiterated their buy rating on shares of Vicon Industries (NYSEAMERICAN:VII) in a research note released on Friday morning. CIBC currently has a $18.00 price objective on the industrial products company’s stock.

VII traded down $0.07 during trading hours on Friday, reaching $0.21. 797,148 shares of the stock traded hands, compared to its average volume of 259,292. Vicon Industries has a fifty-two week low of $0.17 and a fifty-two week high of $0.76.

Vicon Industries Company Profile

Vicon Industries, Inc designs, develops, assembles, and markets video management systems and system components for use in security, surveillance, safety, and communication applications worldwide. The company's product line comprises various video system elements, including cameras for image capture and stand-alone network video management system software, as well as various video recording, storage, management, and output devices and peripherals; analog, digital, and high definition megapixel cameras for fixed and robotic positioning applications; and other video system components, such as video encoders decoders and monitors, camera lenses, housings and mounts, matrix video switchers and controls, and various video transmission devices.

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