Shares of George Weston Limited (TSE:WN - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$221.39 and traded as high as C$227.64. George Weston shares last traded at C$224.65, with a volume of 143,180 shares trading hands.
Analyst Upgrades and Downgrades
WN has been the topic of a number of recent analyst reports. Desjardins lifted their price objective on George Weston from C$232.00 to C$255.00 in a research report on Wednesday, November 20th. CIBC lifted their price target on shares of George Weston from C$254.00 to C$269.00 in a research report on Wednesday, November 20th. TD Securities upped their price objective on shares of George Weston from C$242.00 to C$263.00 and gave the stock a "buy" rating in a report on Monday, November 18th. Scotiabank raised George Weston from a "sector perform" rating to an "outperform" rating and boosted their price target for the stock from C$218.00 to C$240.00 in a research report on Wednesday, January 8th. Finally, Royal Bank of Canada raised their price objective on George Weston from C$253.00 to C$266.00 and gave the company an "outperform" rating in a research report on Monday, December 9th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, George Weston presently has a consensus rating of "Moderate Buy" and a consensus target price of C$252.42.
Read Our Latest Analysis on George Weston
George Weston Price Performance
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 company has a market capitalization of C$29.69 billion, a P/E ratio of 25.30, a price-to-earnings-growth ratio of 5.03 and a beta of 0.42. The firm's 50-day moving average is C$225.33 and its 200-day moving average is C$221.60.
Insider Buying and Selling
In related news, Senior Officer Richard Dufresne sold 5,000 shares of George Weston stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of C$221.72, for a total transaction of C$1,108,589.00. Also, 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. In the last three months, insiders have sold 15,150 shares of company stock valued at $3,393,420. 59.41% of the stock is owned by company insiders.
About George Weston
(
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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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