Stock analysts at CIBC increased their price objective on shares of Crombie Reit (TSE:EMP.A) from C$82.00 to C$83.00 in a report issued on Friday, American Banking and Market News reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at BMO Capital Markets cut their price target on shares of Crombie Reit (TSE:EMP.A) from C$84.00 to C$79.00 in a research note to investors on Friday. They now have a “market perform” rating on the stock. Separately, analysts at TD Securities downgraded shares of Crombie Reit (TSE:EMP.A) from a “buy” rating to a “hold” rating in a research note to investors on Friday. They now have a C$85.00 price target on the stock, down previously from C$90.00. Finally, analysts at Canaccord Genuity cut their price target on shares of Crombie Reit (TSE:EMP.A) from C$15.20 to C$13.50 in a research note to investors on Wednesday. They now have a “hold” rating on the stock.
Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of C$53.61.
Empire Company Limited (TSE:EMP) is a Canadian company whose key businesses include food retailing and corporate investment activities.
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