Zedcor (CVE:ZDC) PT Set at C$4.25 by Canaccord Genuity Group

Zedcor (CVE:ZDC) received a C$4.25 price target from research analysts at Canaccord Genuity Group in a research report issued on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 22.13% from the stock’s current price.

Separately, Raymond James raised their price objective on shares of Zedcor from C$3.25 to C$3.75 in a research note on Thursday, November 14th.

Zedcor Price Performance

Shares of ZDC opened at C$3.48 on Thursday. The company has a market capitalization of C$333.24 million, a price-to-earnings ratio of 170.00 and a beta of 2.48. Zedcor has a 52 week low of C$0.49 and a 52 week high of C$3.68. The stock’s 50-day moving average price is C$2.98 and its 200-day moving average price is C$2.06. The company has a quick ratio of 0.87, a current ratio of 1.51 and a debt-to-equity ratio of 84.82.

Insider Activity

In related news, Senior Officer Kyle Jay Cammann Doenz purchased 44,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 23rd. The shares were purchased at an average price of C$2.63 per share, with a total value of C$115,720.00. Insiders own 30.15% of the company’s stock.

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.