Scotiabank Upgrades Empire (TSE:EMP) to “Hold”

Scotiabank upgraded shares of Empire (TSE:EMPFree Report) to a hold rating in a research note issued to investors on Friday morning,Zacks.com reports.

Separately, Cibc World Mkts raised shares of Empire to a “strong-buy” rating in a research note on Friday, September 13th.

Check Out Our Latest Research Report on EMP

Empire Price Performance

Empire has a one year low of C$23.00 and a one year high of C$25.49.

Empire Company Profile

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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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