National Bankshares Analysts Give Zedcor (CVE:ZDC) a C$5.50 Price Target

National Bankshares set a C$5.50 price objective on Zedcor (CVE:ZDC) in a report released on Tuesday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other research firms also recently commented on ZDC. National Bank Financial upgraded Zedcor to a “strong-buy” rating in a research note on Monday, June 23rd. Stifel Canada upgraded Zedcor to a “strong-buy” rating in a research report on Tuesday, August 19th. Finally, Stifel Nicolaus set a C$7.00 target price on Zedcor and gave the stock a “buy” rating in a research report on Wednesday, August 20th. Three research analysts have rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. According to MarketBeat, Zedcor presently has an average rating of “Strong Buy” and an average target price of C$5.13.

Zedcor Price Performance

Zedcor stock opened at C$4.66 on Tuesday. Zedcor has a 12 month low of C$2.15 and a 12 month high of C$4.90. The company has a current ratio of 1.14, a quick ratio of 0.87 and a debt-to-equity ratio of 78.93. The business’s 50 day simple moving average is C$4.24 and its 200 day simple moving average is C$3.68. The company has a market cap of C$490.51 million, a price-to-earnings ratio of 233.00 and a beta of 1.16.

About Zedcor

Zedcor Inc provides technology-based security and surveillance services in Canada. It engages in the provision of rental, service, and remote monitoring of its proprietary MobileyeZ security towers; surveillance and monitoring of fixed site locations; and security personnel. The company also engages in mobile and fixed surveillance, security guards, access control, and sensor related technology services.