George Weston (OTCMKTS:WNGRF) Downgraded by Desjardins to Hold

Desjardins lowered shares of George Weston (OTCMKTS:WNGRFGet Rating) from a buy rating to a hold rating in a research report sent to investors on Wednesday morning, The Fly reports.

Several other analysts have also issued reports on the company. Royal Bank of Canada increased their price objective on George Weston from C$197.00 to C$203.00 in a report on Friday, November 18th. BMO Capital Markets increased their price objective on George Weston from C$162.00 to C$166.00 in a report on Monday, August 1st. Finally, Scotiabank cut their price objective on George Weston from C$177.00 to C$176.00 in a report on Tuesday, August 2nd.

George Weston Price Performance

WNGRF opened at $115.30 on Wednesday. The stock has a fifty day moving average of $109.48 and a 200-day moving average of $115.18. The firm has a market capitalization of $16.36 billion, a P/E ratio of 15.41 and a beta of 0.54. George Weston has a 12-month low of $99.16 and a 12-month 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.

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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