Empire Co Cl A NV (EMP.A) Receives a Buy from National Bank


Empire Co Cl A NV (EMP.A), the Services sector company, has received a rating update from a Wall Street analyst today. Analyst Vishal Shreedhar from National Bank reiterated a Buy rating, with a C$34 price target.

Shreedhar has an average return of 11.1% when recommending Empire Co Cl A NV.

According to TipRanks.com, Shreedhar is ranked #3851 out of 5252 analysts.

Read also: Kraft Heinz (KHC): There Goes the Buy Rating, Merrill Lynch Downgrades the Stock

Currently, the analyst consensus on Empire Co Cl A NV is a Moderate Buy with an average price target of C$32.69, implying a 15.0% upside from current levels. In a report issued on March 7, Barclays also maintained a Buy rating on the stock with a C$34 price target.

.

The company has a one-year high of C$31.35 and a one-year low of C$22.38. Currently, Empire Co Cl A NV has an average volume of 552.8K.

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 Thursday at C$28.42.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts