George Weston Limited (OTCMKTS:WNGRF) Given Consensus Recommendation of “Buy” by Analysts

George Weston Limited (OTCMKTS:WNGRFGet Rating) has earned a consensus recommendation of “Buy” from the six brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $169.50.

WNGRF has been the subject of several recent research reports. TD Securities raised their price target on George Weston from C$175.00 to C$185.00 in a research report on Wednesday, March 16th. Royal Bank of Canada boosted their price target on George Weston from C$165.00 to C$179.00 in a report on Tuesday. CIBC cut their price target on George Weston from C$175.00 to C$171.00 in a report on Friday, January 21st. Finally, Scotiabank boosted their price target on George Weston from C$167.00 to C$174.00 in a report on Thursday, March 3rd.

OTCMKTS WNGRF opened at $114.50 on Thursday. George Weston has a 1-year low of $93.07 and a 1-year high of $127.97. The company has a market capitalization of $16.78 billion, a P/E ratio of 56.13 and a beta of 0.53. The business has a 50 day moving average price of $123.04 and a 200 day moving average price of $115.02. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.46 and a quick ratio of 0.93.

George Weston (OTCMKTS:WNGRFGet Rating) last released its quarterly earnings data on Wednesday, March 2nd. The company reported $1.84 earnings per share for the quarter. George Weston had a return on equity of 9.52% and a net margin of 0.78%. The firm had revenue of $10.24 billion during the quarter.

About George Weston (Get Rating)

George Weston Limited provides food and drug retailing, and financial services in Canada and internationally. 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, health and beauty, apparel, general merchandise, and financial services.

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Analyst Recommendations for George Weston (OTCMKTS:WNGRF)

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