George Weston (TSE:WN) Price Target Raised to C$227.00

George Weston (TSE:WN) had its target price upped by stock analysts at TD Securities from C$226.00 to C$227.00 in a research report issued on Monday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ price target points to a potential upside of 21.18% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the company. Scotiabank upped their target price on George Weston from C$200.00 to C$212.00 and gave the stock a “sector perform” rating in a report on Monday. CIBC upped their price objective on George Weston from C$213.00 to C$222.00 and gave the stock an “outperform” rating in a research note on Thursday, February 29th. BMO Capital Markets upped their target price on George Weston from C$172.00 to C$185.00 and gave the company an “outperform” rating in a research report on Friday, March 1st. Finally, Royal Bank of Canada increased their price objective on George Weston from C$216.00 to C$218.00 and gave the company an “outperform” rating in a report on Thursday, February 29th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$208.50.

George Weston Stock Performance

TSE WN opened at C$187.33 on Monday. The company has a market cap of C$25.18 billion, a P/E ratio of 17.41, a P/E/G ratio of 1.70 and a beta of 0.38. The company has a debt-to-equity ratio of 158.23, a quick ratio of 0.73 and a current ratio of 1.24. The business’s 50 day moving average price is C$181.00 and its 200-day moving average price is C$170.65. George Weston has a fifty-two week low of C$144.41 and a fifty-two week high of C$190.17.

George Weston (TSE:WN) last issued its earnings results on Wednesday, February 28th. The company reported C$2.51 earnings per share for the quarter. George Weston had a return on equity of 19.71% and a net margin of 2.56%. The business had revenue of C$14.70 billion during the quarter. Sell-side analysts predict that George Weston will post 11.8758003 earnings per share for the current year.

Insider Activity

In other news, Director Willard Galen Garfield Weston sold 79,200 shares of George Weston stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of C$144.88, for a total value of C$11,474,503.92. In other George Weston news, Director Willard Galen Garfield Weston sold 79,200 shares of George Weston stock in a transaction on Thursday, February 29th. The stock was sold at an average price of C$144.88, for a total value of C$11,474,503.92. Also, Senior Officer Andrew Michael Bunston sold 2,303 shares of George Weston stock in a transaction on Friday, March 22nd. The shares were sold at an average price of C$183.27, for a total value of C$422,079.10. Insiders sold 151,008 shares of company stock worth $24,350,724 over the last three months. 58.21% of the stock is currently owned by corporate insiders.

George Weston Company Profile

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