George Weston Limited (TSE:WN - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the six research firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is C$252.42.
A number of analysts have commented on WN shares. TD Securities increased their price objective on shares of George Weston from C$242.00 to C$263.00 and gave the company a "buy" rating in a report on Monday, November 18th. Scotiabank raised shares of George Weston from a "sector perform" rating to an "outperform" rating and upped their price objective for the company from C$218.00 to C$240.00 in a report on Wednesday, January 8th. BMO Capital Markets lifted their target price on shares of George Weston from C$220.00 to C$221.50 in a research note on Wednesday, November 20th. Royal Bank of Canada upped their price target on George Weston from C$253.00 to C$266.00 and gave the company an "outperform" rating in a research note on Monday, December 9th. Finally, CIBC increased their price objective on shares of George Weston from C$254.00 to C$269.00 in a research report on Wednesday, November 20th.
Read Our Latest Research Report on George Weston
George Weston Price Performance
Shares of TSE:WN traded down C$0.27 during trading on Friday, reaching C$224.65. 143,180 shares of the company's stock traded hands, compared to its average volume of 115,964. The company has a quick ratio of 0.73, a current ratio of 1.35 and a debt-to-equity ratio of 171.94. The firm has a market cap of C$29.69 billion, a PE ratio of 25.30, a P/E/G ratio of 5.03 and a beta of 0.42. The company has a 50-day simple moving average of C$225.33 and a 200-day simple moving average of C$221.60. George Weston has a fifty-two week low of C$166.78 and a fifty-two week high of C$239.79.
Insider Buying and Selling
In related news, Senior Officer Rashid Wasti sold 150 shares of the company'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. Also, Senior Officer Richard Dufresne sold 5,000 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of C$221.72, for a total value of C$1,108,589.00. In the last ninety days, insiders have sold 15,150 shares of company stock valued at $3,393,420. Corporate insiders own 59.41% of the company's stock.
George Weston Company Profile
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Get Free ReportGeorge 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.
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