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

Stifel Nicolaus set a C$7.00 price target on Zedcor (CVE:ZDC) in a research note released on Wednesday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Several other equities research analysts have also recently issued reports on the stock. National Bank Financial raised shares of Zedcor to a “strong-buy” rating in a research note on Monday, June 23rd. National Bankshares lifted their target price on shares of Zedcor from C$5.00 to C$5.50 and gave the stock an “outperform” rating in a research note on Thursday, August 14th. Three equities research analysts have rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Strong Buy” and a consensus price target of C$5.13.

Zedcor Price Performance

Shares of CVE ZDC opened at C$4.20 on Wednesday. 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 firm has a fifty day moving average of C$4.04 and a 200 day moving average of C$3.47. The company has a debt-to-equity ratio of 78.93, a quick ratio of 0.87 and a current ratio of 1.14. Zedcor has a one year low of C$1.61 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.