In a latest note to investors, a research analyst has provided a rating update for the Services sector company, Empire Co Cl A NV (TSX: EMP.A). Today, analyst Michael Van Aelst gave a Hold rating to EMP.A and set a C$27 price target.
According to TipRanks.com, Aelst is ranked #3687 out of 4875 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Empire Co Cl A NV with a C$29.25 average price target.
Empire Co Cl A NV’s market cap is currently C$6.59B and has a P/E ratio of 41.8. The company has a Price to Book ratio of 1.78.
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$23.39.