Rashid Wasti Sells 250 Shares of George Weston Limited (TSE:WN) Stock

George Weston Limited (TSE:WN - Get Free Report) Senior Officer Rashid Wasti sold 250 shares of George Weston stock in a transaction on Friday, March 7th. The stock was sold at an average price of C$238.75, for a total transaction of C$59,687.50.

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 Tuesday, March 4th, Rashid Wasti bought 1,000 shares of George Weston stock. The stock was bought at an average price of C$24.60 per share, with a total value of C$24,600.00.
• 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 Stock Down 2.9 %

George Weston stock traded down C$6.79 during mid-day trading on Tuesday, reaching C$230.72. 152,648 shares of the company's stock were exchanged, compared to its average volume of 133,706. The company has a quick ratio of 0.73, a current ratio of 1.32 and a debt-to-equity ratio of 372.50. George Weston Limited has a twelve month low of C$174.30 and a twelve month high of C$240.43. The company has a market cap of C$29.95 billion, a P/E ratio of 46.18, a P/E/G ratio of 5.03 and a beta of 0.42. The company has a fifty day moving average of C$224.40 and a 200-day moving average of C$224.41.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Desjardins decreased their price objective on George Weston from C$255.00 to C$251.00 and set a "buy" rating on the stock in a report on Thursday, February 27th. TD Securities upped their price target 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. BMO Capital Markets raised their price objective on George Weston from C$220.00 to C$221.50 in a research report on Wednesday, November 20th. Royal Bank of Canada decreased their price objective on shares of George Weston from C$266.00 to C$264.00 and set an "outperform" rating on the stock in a report on Thursday, February 27th. Finally, 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. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to 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%.