Brokerages Set Zedcor Inc. (CVE:ZDC) Price Target at C$5.13

Zedcor Inc. (CVE:ZDC) has been assigned an average rating of “Strong Buy” from the six analysts that are covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is C$5.13.

ZDC has been the subject of several recent research reports. Stifel Nicolaus set a C$7.00 price objective on shares of Zedcor and gave the company a “buy” rating in a research note on Wednesday. National Bankshares upped their target price on 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 Zedcor to a “strong-buy” rating in a research report on Monday, June 23rd. Finally, Stifel Canada upgraded Zedcor to a “strong-buy” rating in a research note on Tuesday.

Zedcor Trading Up 2.9%

Zedcor stock opened at C$4.20 on Wednesday. Zedcor has a 12 month low of C$1.61 and a 12 month high of C$4.49. The firm has a market cap of C$407.18 million, a PE ratio of 1,043.69 and a beta of 2.48. 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 stock’s 50 day simple moving average is C$4.04 and its two-hundred 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.