Scotiabank upgraded shares of Empire (TSE:EMP – Free Report) to a hold rating in a report published on Friday morning,Zacks.com reports.
Separately, Cibc World Mkts raised shares of Empire to a “strong-buy” rating in a research report on Friday, September 13th.
Empire Price Performance
About Empire
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.
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