Shares of Empire Co Cl A NV (EMP.A) were revisited by a Wall Street analyst today. Analyst Michael Van Aelst from TD Securities rated Empire Co Cl A NV (EMP.A) a Hold, setting a C$32 price target.
According to TipRanks.com, Aelst is ranked #3433 out of 5141 analysts.
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Empire Co Cl A NV has an analyst consensus of Moderate Buy, with a price target consensus of C$32.
Based on Empire Co Cl A NV’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of C$6.21 billion and net profit of C$104 million. In comparison, last year the company had a GAAP net loss of C$23.6 million.
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 Tuesday at C$30.02, close to its 52-week high of C$30.62.
