Zedcor (CVE:ZDC) PT Set at C$5.50 by National Bankshares

Key Points

• National Bankshares has set a price target of C$5.50 for Zedcor (CVE:ZDC), indicating a potential upside of 20.88% from its previous closing price.
• Investment analysts have given Zedcor a consensus rating of "Strong Buy" and a consensus price target of C$5.13, with multiple firms raising their ratings recently.
• The stock is currently trading at C$4.55, up 2.7% during the latest trading session, with a market capitalization of C$478.93 million.

Zedcor (CVE:ZDC - Get Free Report) has been given a C$5.50 price objective by stock analysts at National Bankshares in a report issued on Tuesday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. National Bankshares' price target would indicate a potential upside of 20.88% from the company's previous close.

Other equities research analysts have also issued reports about the stock. Stifel Canada raised shares of Zedcor to a "strong-buy" rating in a report on Tuesday, August 19th. Stifel Nicolaus set a C$7.00 price target on shares of Zedcor and gave the company a "buy" rating in a report on Wednesday, August 20th. Finally, National Bank Financial raised shares of Zedcor to a "strong-buy" rating in a report on Monday, June 23rd. Three investment analysts have rated the stock with a Strong Buy rating and three have issued a Buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Strong Buy" and a consensus price target of C$5.13.

Zedcor Stock Up 2.7%

CVE:ZDC traded up C$0.12 during trading hours on Tuesday, reaching C$4.55. The company's stock had a trading volume of 189,436 shares, compared to its average volume of 191,927. The company has a market capitalization of C$478.93 million, a P/E ratio of 227.50 and a beta of 1.16. Zedcor has a 12 month low of C$2.08 and a 12 month high of C$4.71. 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 stock has a 50 day moving average price of C$4.20 and a two-hundred day moving average price of C$3.65.

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.

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