A Wall Street analyst has provided a review for the Services company yesterday, but retained the same rating on the stock. Empire Co Cl A NV (EMP.A) received a Buy rating from CIBC’s analyst Mark Petrie, with a C$33 price target.
According to TipRanks.com, Petrie is a 5-star analyst with an average return of 12.3% and a 53.8% success rate. Petrie covers the Services sector, focusing on stocks such as Restaurant Brands International, Loblaw Companies Limited, and Dollarama Inc.
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Empire Co Cl A NV has an analyst consensus of Strong Buy, with a price target consensus of C$32, representing an 8.1% upside. In a report released today, Desjardins also upgraded the stock to Buy with a C$32 price target.
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The company has a one-year high of C$28.56 and a one-year low of C$22.35. Currently, Empire Co Cl A NV has an average volume of 555.1K.
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$29.61.
