George Weston Limited (TSE:WN - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$220.58 and traded as high as C$227.85. George Weston shares last traded at C$226.41, with a volume of 127,230 shares.
Analysts Set New Price Targets
WN has been the subject of a number of recent research reports. BMO Capital Markets upped their price objective on George Weston from C$220.00 to C$221.50 in a research note on Wednesday, November 20th. Desjardins increased their price objective on shares of George Weston from C$232.00 to C$255.00 in a report on Wednesday, November 20th. CIBC upped their target price on shares of George Weston from C$254.00 to C$269.00 in a research report on Wednesday, November 20th. TD Securities lifted their price target on George Weston from C$242.00 to C$263.00 and gave the company a "buy" rating in a report on Monday, November 18th. Finally, Royal Bank of Canada boosted their price objective on George Weston from C$253.00 to C$266.00 and gave the stock an "outperform" rating in a research report on Monday, December 9th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of C$252.42.
Get Our Latest Stock Analysis on WN
George Weston Trading Down 0.4 %
The company has a market cap of C$29.80 billion, a price-to-earnings ratio of 25.40, a price-to-earnings-growth ratio of 5.03 and a beta of 0.42. The company's 50 day moving average price is C$224.99 and its 200 day moving average price is C$220.74. The company has a debt-to-equity ratio of 171.94, a quick ratio of 0.73 and a current ratio of 1.35.
Insiders Place Their Bets
In other news, Senior Officer Rashid Wasti sold 150 shares of the stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of C$235.45, for a total value of C$35,317.50. Also, Senior Officer Richard Dufresne sold 5,000 shares of the firm's stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of C$221.72, for a total transaction of C$1,108,589.00. Insiders sold 15,150 shares of company stock valued at $3,393,420 over the last 90 days. 59.41% of the stock is currently owned by company insiders.
George Weston Company Profile
(
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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.
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