Empire (TSE:EMP) Upgraded to Hold at Scotiabank

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

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

Read Our Latest Stock Analysis on EMP

Empire Price Performance

Empire has a fifty-two week low of C$23.00 and a fifty-two week 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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