Insider Selling: George Weston Limited (TSE:WN) Director Sells 57,463 Shares of Stock

George Weston Limited (TSE:WN - Get Free Report) Director Willard Galen Garfield Weston sold 57,463 shares of the firm's stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of C$231.03, for a total transaction of C$13,275,441.29.

George Weston Price Performance

WN traded up C$1.45 during midday trading on Monday, hitting C$239.50. 54,724 shares of the company traded hands, compared to its average volume of 130,436. The company has a market capitalization of C$31.09 billion, a price-to-earnings ratio of 47.94, a PEG ratio of 5.03 and a beta of 0.42. George Weston Limited has a 52-week low of C$174.30 and a 52-week high of C$240.30. The business has a 50 day simple moving average of C$224.12 and a two-hundred day simple moving average of C$224.32. The company has a current ratio of 1.32, a quick ratio of 0.73 and a debt-to-equity ratio of 372.50.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. CIBC dropped their price target on George Weston from C$269.00 to C$268.00 and set an "outperform" rating on the stock in a research note on Thursday, February 27th. Desjardins cut their price target on shares of George Weston from C$255.00 to C$251.00 and set a "buy" rating on the stock in a research note on Thursday, February 27th. TD Securities lifted 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 research note on Monday, November 18th. Royal Bank of Canada cut their target price on George Weston from C$266.00 to C$264.00 and set an "outperform" rating on the stock in a research report on Thursday, February 27th. Finally, BMO Capital Markets lifted their price target on George Weston from C$220.00 to C$221.50 in a research report on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of C$251.42.

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George Weston Company Profile

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%.