Crombie Reit Receives New Coverage from Analysts at Scotiabank (EMP.A)
Analysts at Scotiabank initiated coverage on shares of Crombie Reit (TSE:EMP.A) in a research report issued to clients and investors on Tuesday, AnalystRatings.Net reports. The firm set a “sector perform” rating and a C$15.25 price target on the stock.
EMP.A has been the subject of a number of other recent research reports. Analysts at Credit Suisse initiated coverage on shares of Crombie Reit in a research note to investors on Wednesday, October 2nd. They set an “outperform” rating and a C$87.00 price target on the stock. Separately, analysts at CIBC raised their price target on shares of Crombie Reit from C$82.00 to C$83.00 in a research note to investors on Friday, September 13th. Finally, analysts at BMO Capital Markets cut their price target on shares of Crombie Reit from C$84.00 to C$79.00 in a research note to investors on Friday, September 13th. They now have a “market perform” rating on the stock. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of C$57.78.
Empire Company Limited (TSE:EMP) is a Canadian company whose key businesses include food retailing and corporate investment activities.
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