A Wall Street analyst has provided a review for the Services company today, but retained the same rating on the stock. Analyst Kenric Tyghe from Raymond James rated Empire Co Cl A NV (EMP.A) a Hold, setting a C$31 price target.
According to TipRanks.com, Tyghe is a 3-star analyst with an average return of 2.2% and a 46.8% success rate. Tyghe covers the Services sector, focusing on stocks such as Loblaw Companies Limited, Dollarama Inc, and Cineplex.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Empire Co Cl A NV with a C$32.25 average price target.
Empire Co Cl A NV’s market cap is currently C$8.27B and has a P/E ratio of 25.4. The company has a Price to Book ratio of 2.15.
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 Wednesday at C$29.65.
