Empire Company Limited (TSE:EMP.A) had its target price hoisted by National Bank Financial from C$24.00 to C$27.00 in a research note issued on Friday. The brokerage currently has an “outperform” rating on the stock.

EMP.A has been the topic of a number of other research reports. CIBC boosted their price objective on shares of Empire Company Limited from C$18.00 to C$22.00 and gave the company a “market perform” rating in a research report on Thursday, June 29th. Raymond James Financial, Inc. boosted their price objective on shares of Empire Company Limited from C$16.00 to C$20.00 and gave the company a “market perform” rating in a research report on Thursday, June 29th. Eight Capital boosted their price objective on shares of Empire Company Limited from C$19.00 to C$20.00 in a research report on Thursday, June 22nd. TD Securities boosted their price objective on shares of Empire Company Limited from C$20.00 to C$25.00 and gave the company a “hold” rating in a research report on Friday. Finally, Royal Bank Of Canada upgraded shares of Empire Company Limited from an “underperform” rating to a “sector perform” rating and boosted their price objective for the company from C$21.00 to C$23.00 in a research report on Friday. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of C$25.35.

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About Empire Company Limited

Empire Company Limited is engaged in the business of food retailing and related real estate. The Company’s segments include Food Retailing, and Investments and Other Operations. The Food Retailing segment consists of its subsidiary, Sobeys Inc, which owns, affiliates or franchises over 1,500 stores in approximately 10 provinces under retail banners that include Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, and Lawton’s Drug Stores, as well as more than 350 retail fuel locations.

Analyst Recommendations for Empire Company Limited (TSE:EMP.A)

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