Shares of Empire Co Cl A NV (EMP.A) were revisited by a Wall Street analyst today. The company received a Hold rating from RBC Capital’s analyst Irene Nattel, with a C$30 price target.
According to TipRanks.com, Nattel is a 3-star analyst with an average return of 1.1% and a 47.2% success rate. Nattel covers the Services sector, focusing on stocks such as Loblaw Companies Limited, Canadian Tire Corp Ltd, and Casey’s General.
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Currently, the analyst consensus on Empire Co Cl A NV is a Moderate Buy with an average price target of C$31.78, implying an 9.0% upside from current levels. In a report released today, Raymond James also maintained a Hold rating on the stock with a C$31 price target.
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Empire Co Cl A NV’s market cap is currently C$7.74B and has a P/E ratio of 39.1. The company has a Price to Book ratio of 2.05.
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 Friday at C$29.16.
