George Weston Limited (TSE:WN) Receives C$248.75 Average Price Target from Analysts

George Weston Limited (TSE:WN - Get Free Report) has received a consensus rating of "Moderate Buy" from the six research firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is C$252.42.

Several research analysts have recently issued reports on WN shares. Royal Bank of Canada lifted their price target on George Weston from C$253.00 to C$266.00 and gave the stock an "outperform" rating in a research note on Monday, December 9th. CIBC upped their price target on shares of George Weston from C$254.00 to C$269.00 in a report on Wednesday, November 20th. Desjardins raised their price objective on shares of George Weston from C$232.00 to C$255.00 in a research note on Wednesday, November 20th. TD Securities upped their target price on George Weston from C$242.00 to C$263.00 and gave the company a "buy" rating in a research note on Monday, November 18th. Finally, BMO Capital Markets raised their price target on George Weston from C$220.00 to C$221.50 in a research report on Wednesday, November 20th.

George Weston Stock Performance

Shares of WN stock traded up C$1.92 during mid-day trading on Wednesday, hitting C$224.79. The stock had a trading volume of 174,232 shares, compared to its average volume of 117,686. The firm has a market cap of C$29.70 billion, a PE ratio of 25.31, a PEG ratio of 5.03 and a beta of 0.42. The company's 50-day simple moving average is C$226.83 and its 200-day simple moving average is C$218.60. The company has a debt-to-equity ratio of 171.94, a current ratio of 1.35 and a quick ratio of 0.73. George Weston has a fifty-two week low of C$163.70 and a fifty-two week high of C$239.79.

Insider Activity

In related news, Senior Officer Richard Dufresne sold 10,000 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of C$224.95, for a total value of C$2,249,513.00. Also, Senior Officer Rashid Wasti sold 150 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of C$235.45, for a total value of C$35,317.50. Insiders sold a total of 15,150 shares of company stock worth $3,393,420 in the last three months. 59.41% of the stock is owned by insiders.

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.