Royal Bank of Canada lowers price target for Empire Company Limited from C$49.00 to C$43.00.
Royal Bank of Canada has lowered its price target for Empire Company Limited (TSE:EMP.A) from C$49.00 to C$43.00, assigning a 'sector perform' rating. Other brokerages, including National Bankshares, Desjardins, BMO Capital Markets, Scotiabank, and TD Securities, have also reduced their targets for the company. Empire operates in food retail and related real estate businesses in Canada, owning around 1,500 retail stores.
March 18, 2024
3 Articles