Zedcor (CVE:ZDC) Price Target Raised to C$5.50

Zedcor (CVE:ZDC) had its price objective raised by National Bankshares from C$5.00 to C$5.50 in a research note issued to investors on Thursday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Separately, National Bank Financial upgraded shares of Zedcor to a “strong-buy” rating in a report on Monday, June 23rd. Two equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy” and an average target price of C$4.50.

Zedcor Stock Performance

Shares of Zedcor stock opened at C$4.19 on Thursday. The company has a market capitalization of C$406.21 million, a PE ratio of 1,041.20 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 has a 50-day simple moving average of C$3.97 and a two-hundred day simple moving average of C$3.45. Zedcor has a one year low of C$1.57 and a one year high of C$4.49.

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.