Empire (EMP.A) News Today

Empire Company Limited (TSE:EMP.A) saw its shares move after a flurry of analyst updates and earnings news, driving investor sentiment higher despite some mixed signals on profitability.

• Scotiabank raised its price target to C$62.00 (from C$49.00) with an “outperform” rating, implying about 12.1% upside.
• Royal Bank of Canada lifted its target to C$61.00 (from C$56.00) and kept a “sector perform” stance, suggesting roughly 10.2% potential gain.
• CIBC increased its projection to C$59.00 (from C$55.00), reflecting a 6.6% upside view.
• National Bankshares also boosted its target to C$59.00 (from C$53.00) and maintained a “sector perform” rating.
• TD Securities raised its estimate to C$58.00 (from C$48.00) with a “hold” rating, indicating about 4.8% upside.
• In Q4 FY2025 results, Empire reported higher profit and increased its dividend, reinforcing its cash-flow strength and shareholder returns.
• Shares recently climbed over 6% and reached a new 52-week high on the back of upbeat earnings and analyst support.
• The CEO commented on a disconnect between consumer sentiment and in-store spending trends, pointing to mixed retail outlook cues.
• Broader market write-ups in TSX Today and The Globe and Mail provided context but did not alter company-specific forecasts.
• A Deep Dive article noted that despite record revenue, Empire’s net income fell, highlighting margin pressures.
• An American Banking News survey set an average brokerage target of C$50.29, below current levels, suggesting limited downside support.