Barclays Increases Empire Company Limited Price Target to C$76.00 (EMP.A)
Barclays lifted their target price on shares of Empire Company Limited (TSE:EMP.A) from C$72.00 to C$76.00 in a research note issued on Wednesday. The firm currently has an “overweight” rating on the stock.
A number of other firms have also recently commented on EMP.A. Analysts at CIBC upgraded shares of Empire Company Limited to a “sector outperformer” rating in a research note on Friday, June 27th. 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 investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of C$67.08.
The company also recently announced a Quarterly dividend, which is scheduled for Thursday, July 31st. Shareholders 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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