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Empire Company Limited (TSE:EMP.A) was upgraded by analysts at CIBC to a “sector outperformer” rating in a research report issued to clients and investors on Friday.

Separately, analysts at National Bank Financial cut their price target on shares of Empire Company Limited from C$75.00 to C$73.00 in a research note on Wednesday, June 11th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Empire Company Limited has an average rating of “Buy” and a consensus target price of C$66.42.

The company also recently announced a Quarterly dividend, which is scheduled for Thursday, July 31st. Stockholders of record on Thursday, July 31st will be paid a dividend of $0.27 per share. This represents a dividend yield of 1.6%. The ex-dividend date is Friday, July 11th.

Empire Company Limited is engaged in food retailing and related real estate business. The Company operates in two segments: Food Retailing and Investments and Other Operations.

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