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National Bank Maintains a Buy Rating on Empire Co Cl A NV (EMP.A)


Wall Street analyst has provided a review for the Services company today, but retained the same rating on the stock. Analyst Vishal Shreedhar from National Bank remains bullish on Empire Co Cl A NV (TSX: EMP.A) and has a C$30 price target.

According to TipRanks.com, Shreedhar is ranked #3584 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, which is a 25.1% upside from current levels. In a report issued on September 11, Barclays also maintained a Buy rating on the stock with a C$31 price target.

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The company has a one-year high of C$27.08 and a one-year low of C$21.23. Currently, Empire Co Cl A NV has an average volume of 461.6K.

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.