Stifel Nicolaus Reiterates C$7.00 Price Target for Zedcor (CVE:ZDC)

Stifel Nicolaus set a C$7.00 price objective on Zedcor (CVE:ZDC) in a report issued on Wednesday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

A number of other analysts have also recently weighed in on ZDC. National Bankshares raised their price target on shares of Zedcor from C$5.00 to C$5.50 and gave the company an “outperform” rating in a report on Thursday, August 14th. National Bank Financial upgraded shares of Zedcor to a “strong-buy” rating in a research note on Monday, June 23rd. Three investment analysts have rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Strong Buy” and a consensus target price of C$5.13.

Zedcor Stock Up 2.9%

CVE:ZDC opened at C$4.20 on Wednesday. Zedcor has a fifty-two week low of C$1.61 and a fifty-two week high of C$4.49. The stock has a market capitalization of C$407.18 million, a P/E ratio of 1,043.69 and a beta of 2.48. The company has a debt-to-equity ratio of 78.93, a quick ratio of 0.87 and a current ratio of 1.14. The company’s 50-day simple moving average is C$4.04 and its 200-day simple moving average is C$3.47.

Zedcor Company Profile

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.