George Weston Limited (TSE:WN) Given Average Rating of "Moderate Buy" by Analysts

Shares of George Weston Limited (TSE:WN - Get Free Report) have received a consensus rating of "Moderate Buy" from the six analysts that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is C$239.00.

A number of research firms have issued reports on WN. BMO Capital Markets increased their target price on shares of George Weston from C$196.00 to C$220.00 and gave the stock a "market perform" rating in a research report on Wednesday, July 31st. Desjardins increased their price objective on George Weston from C$212.00 to C$232.00 and gave the stock a "buy" rating in a report on Wednesday, July 31st. Scotiabank upgraded George Weston to a "hold" rating in a research note on Wednesday, October 30th. TD Securities upped their target price on George Weston from C$242.00 to C$263.00 and gave the stock a "buy" rating in a research report on Monday. Finally, CIBC lifted their price target on George Weston from C$235.00 to C$254.00 and gave the company an "outperform" rating in a report on Wednesday, July 31st.

Insider Buying and Selling at George Weston

In related news, Director Alannah Elizabeth Weston sold 36,865 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of C$226.64, for a total value of C$8,355,124.15. Also, Senior Officer Richard Dufresne sold 4,400 shares of the business's stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of C$226.89, for a total value of C$998,326.12. In the last 90 days, insiders have acquired 6,600 shares of company stock valued at $142,829 and have sold 54,115 shares valued at $12,177,793. Insiders own 59.41% of the company's stock.

George Weston Trading Down 3.2 %

George Weston stock traded down C$7.05 during midday trading on Tuesday, reaching C$215.10. The stock had a trading volume of 268,037 shares, compared to its average volume of 127,812. George Weston has a twelve month low of C$155.00 and a twelve month high of C$236.30. The company has a debt-to-equity ratio of 171.94, a current ratio of 1.35 and a quick ratio of 0.73. The firm has a market cap of C$28.42 billion, a price-to-earnings ratio of 25.02, a PEG ratio of 5.03 and a beta of 0.42. The firm's fifty day simple moving average is C$224.01 and its two-hundred day simple moving average is C$209.83.

George Weston Company Profile

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services.