Empire (EMP.A) Reaches New 12-Month High at $25.78

Empire Company Limited (TSE:EMP.A)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as C$25.78 and last traded at C$25.72, with a volume of 362853 shares changing hands. The stock had previously closed at C$24.82.

Several brokerages have recently issued reports on EMP.A. National Bank Financial lifted their price objective on shares of Empire from C$24.00 to C$27.00 and gave the stock an “outperform” rating in a research note on Friday, September 15th. Royal Bank Of Canada raised shares of Empire from an “underperform” rating to a “sector perform” rating and lifted their price objective for the stock from C$21.00 to C$23.00 in a research note on Friday, September 15th. TD Securities lifted their price objective on shares of Empire from C$20.00 to C$25.00 and gave the stock a “hold” rating in a research note on Friday, September 15th. Eight Capital raised shares of Empire from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from C$21.00 to C$30.00 in a research note on Friday, September 15th. Finally, Barclays lifted their price objective on shares of Empire from C$27.00 to C$28.00 in a research note on Friday, September 15th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Empire presently has a consensus rating of “Buy” and an average price target of C$25.35.

TRADEMARK VIOLATION WARNING: “Empire (EMP.A) Reaches New 12-Month High at $25.78” was originally posted by Community Financial News and is owned by of Community Financial News. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States & international trademark and copyright legislation. The original version of this article can be viewed at https://www.com-unik.info/2017/12/03/empire-emp-a-reaches-new-12-month-high-at-25-78.html.

Empire 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.

What are top analysts saying about Empire Company Limited? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Empire Company Limited and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit