Report
EUR 13.98 For Business Accounts Only

EMPIRE COMPANY LTD reduced its risk exposure resulting in an upgrade to Positive

EMPIRE COMPANY LTD (CA), a company active in the Food Retailers & Wholesalers industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 4 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Positive. As of the analysis date February 22, 2022, the closing price was CAD 39.02 and its potential was estimated at CAD 42.25.
Underlying
Empire Co. Ltd. Class A

Empire Company is a diversified company whose key businesses include food retailing and related real estate. Co.'s food retailing segment is carried out through its subsidiary, Sobeys Inc. (Sobeys). As of May 6 2017, Sobeys owns, affiliates or franchises more than 1,500 stores 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. Co.'s investments and other operations include: its ownership in Crombie REIT, an open-ended Canadian real estate investment trust; and its ownership in Genstar, a residential real estate development company.

Provider
TheScreener
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