Shares of George Weston Limited (TSE:WN - Get Free Report) have earned a consensus rating of "Moderate Buy" from the six brokerages that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is C$251.42.
A number of research analysts have commented on WN shares. TD Securities boosted 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. Desjardins lowered their price target on George Weston from C$255.00 to C$251.00 and set a "buy" rating for the company in a research note on Thursday. Royal Bank of Canada cut their price objective on shares of George Weston from C$266.00 to C$264.00 and set an "outperform" rating on the stock in a research report on Thursday. BMO Capital Markets boosted their target price on shares of George Weston from C$220.00 to C$221.50 in a research report on Wednesday, November 20th. Finally, Scotiabank downgraded shares of George Weston from an "outperform" rating to a "sector perform" rating and raised their price target for the company from C$240.00 to C$241.00 in a report on Thursday.
Get Our Latest Stock Report on WN
Insiders Place Their Bets
In other news, Senior Officer Richard Dufresne sold 10,000 shares of the firm's stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of C$224.95, for a total transaction of C$2,249,513.00. Also, Senior Officer Rashid Wasti sold 150 shares of the firm's stock in a transaction on Thursday, December 5th. The stock was sold at an average price of C$235.45, for a total transaction of C$35,317.50. In the last quarter, insiders have sold 20,400 shares of company stock valued at $4,650,687. 59.41% of the stock is currently owned by corporate insiders.
George Weston Stock Up 1.6 %
Shares of TSE WN traded up C$3.57 during mid-day trading on Thursday, reaching C$231.42. The company had a trading volume of 214,857 shares, compared to its average volume of 124,926. The stock has a fifty day moving average of C$223.45 and a two-hundred day moving average of C$223.61. The company has a market capitalization of C$30.04 billion, a price-to-earnings ratio of 46.32, a PEG ratio of 5.03 and a beta of 0.42. George Weston has a 12-month low of C$174.30 and a 12-month high of C$239.79. The company has a debt-to-equity ratio of 372.50, a quick ratio of 0.73 and a current ratio of 1.32.
About George Weston
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Get Free ReportGeorge Weston is a holding company that operates through two subsidiaries encompassing retail and real estate. The first is Loblaw, the largest grocer in Canada, in which it has a 53% controlling stake. The second is Choice Properties, an open-ended real estate investment trust, where George Weston's ownership sits close to 62%.
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