Zedcor (CVE:ZDC) Stock Price Expected to Rise, National Bankshares Analyst Says

Zedcor (CVE:ZDC) had its price objective increased by National Bankshares from C$5.00 to C$5.50 in a report released on Thursday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price objective would indicate a potential upside of 31.26% from the stock’s current price.

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

Zedcor Stock Performance

Shares of CVE:ZDC opened at C$4.19 on Thursday. The firm has a market cap of C$406.21 million, a PE ratio of 1,041.20 and a beta of 2.48. The firm’s 50 day simple moving average is C$3.97 and its 200-day simple moving average is C$3.45. Zedcor has a one year low of C$1.57 and a one year high of C$4.49. The company has a debt-to-equity ratio of 78.93, a quick ratio of 0.87 and a current ratio of 1.14.

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.