George Weston Limited (TSE:WN) Senior Officer Sells C$57,825.00 in Stock

George Weston Limited (TSE:WN - Get Free Report) Senior Officer Rashid Wasti sold 250 shares of the firm's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of C$231.30, for a total transaction of C$57,825.00.

Rashid Wasti also recently made the following trade(s):

• On Thursday, December 5th, Rashid Wasti sold 150 shares of George Weston stock. The shares were sold at an average price of C$235.45, for a total value of C$35,317.50.

George Weston Stock Performance

George Weston stock traded down C$1.05 during mid-day trading on Tuesday, hitting C$230.54. 247,405 shares of the company's stock traded hands, compared to its average volume of 128,737. George Weston Limited has a fifty-two week low of C$174.30 and a fifty-two week high of C$239.79. The company has a debt-to-equity ratio of 372.50, a current ratio of 1.32 and a quick ratio of 0.73. The stock has a market cap of C$29.93 billion, a price-to-earnings ratio of 46.15, a P/E/G ratio of 5.03 and a beta of 0.42. The firm has a 50 day simple moving average of C$223.57 and a two-hundred day simple moving average of C$223.83.

Analyst Upgrades and Downgrades

WN has been the subject of several recent analyst reports. CIBC cut their price objective on George Weston from C$269.00 to C$268.00 and set an "outperform" rating for the company in a report on Thursday, February 27th. Royal Bank of Canada cut their price objective on George Weston from C$266.00 to C$264.00 and set an "outperform" rating for the company in a report on Thursday, February 27th. Scotiabank downgraded George Weston from an "outperform" rating to a "sector perform" rating and increased their price objective for the company from C$240.00 to C$241.00 in a report on Thursday, February 27th. Desjardins cut their price objective on George Weston from C$255.00 to C$251.00 and set a "buy" rating for the company in a report on Thursday, February 27th. Finally, TD Securities increased their price objective 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. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price 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%.