Royal Bank of Canada Increases George Weston (OTCMKTS:WNGRF) Price Target to C$203.00

George Weston (OTCMKTS:WNGRFGet Rating) had its target price increased by equities researchers at Royal Bank of Canada from C$197.00 to C$203.00 in a report released on Friday, The Fly reports.

Several other research analysts have also recently issued reports on WNGRF. BMO Capital Markets increased their price objective on George Weston from C$162.00 to C$166.00 in a research report on Monday, August 1st. Scotiabank lowered their target price on shares of George Weston from C$177.00 to C$176.00 in a research report on Tuesday, August 2nd.

George Weston Price Performance

Shares of OTCMKTS:WNGRF opened at $115.30 on Friday. The company has a market cap of $16.36 billion, a P/E ratio of 16.22 and a beta of 0.54. The company has a 50-day moving average price of $109.51 and a 200 day moving average price of $115.32. George Weston has a 52 week low of $99.16 and a 52 week high of $127.97. The company has a quick ratio of 0.84, a current ratio of 1.38 and a debt-to-equity ratio of 0.98.

George Weston Company Profile

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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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