George Weston Limited (TSE:WN - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$216.09 and traded as high as C$228.91. George Weston shares last traded at C$228.57, with a volume of 74,899 shares changing hands.
Analysts Set New Price Targets
Several analysts have recently issued reports on WN shares. Scotiabank reduced their price objective on George Weston from C$222.00 to C$218.00 in a research note on Wednesday, November 20th. Royal Bank of Canada increased their price target 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. TD Securities boosted their price objective on George Weston from C$242.00 to C$263.00 and gave the stock a "buy" rating in a research report on Monday, November 18th. Desjardins raised their target price on shares of George Weston from C$232.00 to C$255.00 in a report on Wednesday, November 20th. Finally, BMO Capital Markets boosted their price target on shares of George Weston from C$220.00 to C$221.50 in a report on Wednesday, November 20th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, George Weston has a consensus rating of "Moderate Buy" and an average target price of C$248.75.
Check Out Our Latest Stock Report on George Weston
George Weston Stock Down 0.5 %
The company has a market capitalization of C$30.06 billion, a price-to-earnings ratio of 25.62, a PEG ratio of 5.03 and a beta of 0.42. The company has a current ratio of 1.35, a quick ratio of 0.73 and a debt-to-equity ratio of 171.94. The firm's 50 day simple moving average is C$226.16 and its 200-day simple moving average is C$216.18.
Insider Activity at George Weston
In other news, Senior Officer Richard Dufresne sold 5,000 shares of George Weston stock in a transaction that occurred 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, Director Alannah Elizabeth Weston sold 36,865 shares of the company's stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of C$226.64, for a total value of C$8,355,124.15. Over the last three months, insiders have acquired 3,000 shares of company stock worth $65,080 and have sold 52,015 shares worth $11,748,544. Company insiders own 59.41% of the company's stock.
About George Weston
(
Get Free Report)
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.
Recommended Stories
Before you consider George Weston, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and George Weston wasn't on the list.
While George Weston currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for January 2025. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
