Empire Company Limited (TSE:EMP.A) had its price target hoisted by TD Securities from C$20.00 to C$25.00 in a research report released on Friday. TD Securities currently has a hold rating on the stock.

EMP.A has been the topic of several other research reports. National Bank Financial increased their price target on shares of Empire Company Limited from C$22.00 to C$24.00 and gave the stock an outperform rating in a report on Thursday, June 29th. CIBC increased their price target on shares of Empire Company Limited from C$18.00 to C$22.00 and gave the stock a market perform rating in a report on Thursday, June 29th. Raymond James Financial, Inc. increased their price target on shares of Empire Company Limited from C$16.00 to C$20.00 and gave the stock a market perform rating in a report on Thursday, June 29th. Royal Bank Of Canada upgraded shares of Empire Company Limited from an underperform rating to a sector perform rating and increased their price target for the stock from C$21.00 to C$23.00 in a report on Friday. Finally, BMO Capital Markets upgraded shares of Empire Company Limited from a market perform rating to an outperform rating and increased their price target for the stock from C$19.00 to C$25.00 in a report on Friday, June 30th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company has an average rating of Buy and a consensus price target of C$25.35.

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Empire Company Limited Company Profile

Empire Company Limited is engaged in the business of food retailing and related real estate. The Company’s segments include Food Retailing, and Investments and Other Operations. The Food Retailing segment consists of its subsidiary, Sobeys Inc, which owns, affiliates or franchises over 1,500 stores in approximately 10 provinces under retail banners that include Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, and Lawton’s Drug Stores, as well as more than 350 retail fuel locations.

Analyst Recommendations for Empire Company Limited (TSE:EMP.A)

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