George Weston (TSE:WN) Price Target Increased to C$203.00 by Analysts at Royal Bank of Canada

George Weston (TSE:WNGet Rating) had its price objective boosted by research analysts at Royal Bank of Canada from C$197.00 to C$203.00 in a research note issued on Friday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Royal Bank of Canada’s price objective would suggest a potential upside of 28.95% from the company’s previous close.

Other equities analysts also recently issued reports about the stock. CIBC boosted their target price on shares of George Weston from C$188.00 to C$193.00 in a report on Tuesday, August 2nd. Scotiabank set a C$168.00 price objective on shares of George Weston and gave the stock a “sector perform” rating in a research note on Monday, October 3rd. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$182.40.

George Weston Stock Up 1.5 %

TSE:WN opened at C$157.42 on Friday. The firm has a market capitalization of C$22.79 billion and a price-to-earnings ratio of 14.13. The company has a quick ratio of 0.78, a current ratio of 1.38 and a debt-to-equity ratio of 150.48. George Weston has a twelve month low of C$130.81 and a twelve month high of C$162.51. The stock’s 50 day moving average price is C$148.51 and its two-hundred day moving average price is C$151.13.

George Weston Company Profile

(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.

Featured Articles

Analyst Recommendations for George Weston (TSE:WN)

Receive News & Ratings for George Weston Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for George Weston and related companies with MarketBeat.com's FREE daily email newsletter.