George Weston Limited (TSE:WN - Get Free Report) Senior Officer Rashid Wasti bought 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average cost of C$24.60 per share, with a total value of C$24,600.00.
Rashid Wasti also recently made the following trade(s):
- On Monday, March 10th, Rashid Wasti sold 750 shares of George Weston stock. The shares were sold at an average price of C$239.90, for a total value of C$179,925.00.
- On Friday, March 7th, Rashid Wasti sold 250 shares of George Weston stock. The shares were sold at an average price of C$238.75, for a total transaction of C$59,687.50.
- On Friday, February 28th, Rashid Wasti sold 250 shares of George Weston stock. The stock was sold at an average price of C$231.30, for a total transaction of C$57,825.00.
George Weston Price Performance
WN stock traded down C$6.79 during trading on Tuesday, reaching C$230.72. 152,648 shares of the company were exchanged, compared to its average volume of 133,706. George Weston Limited has a 52-week low of C$174.30 and a 52-week high of C$240.43. The company has a debt-to-equity ratio of 372.50, a quick ratio of 0.73 and a current ratio of 1.32. The company has a market cap of C$29.95 billion, a P/E ratio of 46.18, a PEG ratio of 5.03 and a beta of 0.42. The stock's 50 day moving average price is C$224.40 and its 200 day moving average price is C$224.41.
Analyst Ratings Changes
Several research analysts have weighed in on the company. TD Securities lifted 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 objective on shares of George Weston from C$255.00 to C$251.00 and set a "buy" rating on the stock in a research report on Thursday, February 27th. 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 for the company in a research report on Thursday, February 27th. Scotiabank downgraded shares of George Weston from an "outperform" rating to a "sector perform" rating and lifted their target price for the company from C$240.00 to C$241.00 in a report on Thursday, February 27th. Finally, BMO Capital Markets boosted their price target on shares of George Weston from C$220.00 to C$221.50 in a research note on Wednesday, November 20th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, George Weston presently has a consensus rating of "Moderate Buy" and an average target price of C$251.42.
Read Our Latest Stock Report on George Weston
About George Weston
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George 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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