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Bullboard - Stock Discussion Forum Empire Company Ltd T.EMP.A

Alternate Symbol(s):  EMLAF

Empire Company Limited is a Canadian company engaged in the business of food retailing and related real estate. The Company's principal business segments include Food Retailing, and Investments and Other Operations. The Food retailing segment operates through its wholly owned subsidiary, Sobeys Inc. (Sobeys). The Food retailing segment comprises three operating segments, namely Sobeys National,... see more

TSX:EMP.A - Post Discussion

Empire Company Ltd > Analyst roundup
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Post by Possibleidiot01 on Dec 15, 2023 4:11pm

Analyst roundup

All targets reduced. Metro hit a 52 low yesterday. Probably not a place to be.

  • Empire (TSE:EMP.A) had its price target lowered by analysts at CIBC from C$44.00 to C$42.00. They now have an "outperform" rating on the stock. This represents a 21.6% upside from the current price of C$34.54.
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  • Empire (TSE:EMP.A) was downgraded by analysts at TD Securities from a "buy" rating to a "hold" rating. They now have a C$39.00 price target on the stock, down previously from C$43.00. This represents a 12.9% upside from the current price of C$34.54.
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  • Empire (TSE:EMP.A) had its price target lowered by analysts at Desjardins from C$42.00 to C$40.00. They now have a "buy" rating on the stock. This represents a 15.8% upside from the current price of C$34.54.
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  • Empire (TSE:EMP.A) had its price target lowered by analysts at Scotiabank from C$43.00 to C$39.00. They now have an "outperform" rating on the stock. This represents a 12.9% upside from the current price of C$34.54.
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  • Empire (TSE:EMP.A) had its price target lowered by analysts at Royal Bank of Canada from C$50.00 to C$49.00. They now have a "sector perform" rating on the stock. This represents a 41.9% upside from the current price of C$34.54.
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  • Empire (TSE:EMP.A) had its price target lowered by analysts at National Bankshares, Inc. from C$44.00 to C$42.00. They now have a "sector perform" rating on the stock. This represents a 21.6% upside from the current price of C$34.54.


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