In a new note to investors today, an analyst has provided a rating update for the Services sector company, Empire Co Cl A NV (TSX: EMP.A). Analyst Jim Durran from Barclays rated Empire Co Cl A NV (TSX: EMP.A) a Buy, setting a C$31 price target.
Durran has an average return of 4.3% when recommending Empire Co Cl A NV.
According to TipRanks.com, Durran is ranked #362 out of 4869 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Empire Co Cl A NV with a C$29.67 average price target.
Empire Co Cl A NV’s market cap is currently C$6.77B and has a P/E ratio of 43. The company has a Price to Book ratio of 1.83.
Empire Co. Ltd. engages in the food retailing and corporate investment activities. It operates through the Food Retailing and Investments and Other Operations segments. The Food Retailing Segment involves in the distribution of food products in Canada.
The company’s shares closed on Tuesday at C$25.30.
