Zedcor Inc. (CVE:ZDC) Given Consensus Rating of “Buy” by Brokerages

Zedcor Inc. (CVE:ZDC) has been given an average rating of “Buy” by the seven analysts that are currently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a buy recommendation and three have given a strong buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is C$6.17.

Several equities research analysts recently weighed in on ZDC shares. Canaccord Genuity Group increased their target price on shares of Zedcor from C$5.25 to C$7.00 in a research note on Friday, October 17th. Stifel Canada upgraded shares of Zedcor to a “strong-buy” rating in a research note on Tuesday, August 19th. Stifel Nicolaus set a C$7.00 target price on shares of Zedcor and gave the company a “buy” rating in a research note on Wednesday, August 20th. Desjardins set a C$7.50 target price on shares of Zedcor and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, National Bankshares increased their target price on shares of Zedcor from C$5.50 to C$7.50 and gave the company an “outperform” rating in a research note on Thursday, October 9th.

Zedcor Stock Up 2.5%

ZDC stock opened at C$6.97 on Monday. The company has a debt-to-equity ratio of 78.93, a current ratio of 1.14 and a quick ratio of 0.87. Zedcor has a 52-week low of C$2.56 and a 52-week high of C$6.98. The company has a 50-day moving average of C$5.19 and a two-hundred day moving average of C$4.24. The stock has a market capitalization of C$733.66 million, a price-to-earnings ratio of 348.50 and a beta of 1.17.

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.