George Weston (TSE:WN) PT Raised to C$212.00 at Desjardins

George Weston (TSE:WN) had its target price upped by Desjardins from C$205.00 to C$212.00 in a research report issued on Wednesday, BayStreet.CA reports. Desjardins’ price target suggests a potential upside of 12.18% from the stock’s current price. Desjardins also issued estimates for George Weston’s FY2025 earnings at $13.28 EPS.

Several other research firms have also recently issued reports on WN. TD Securities raised their price objective on shares of George Weston from C$226.00 to C$227.00 and gave the stock a “buy” rating in a research report on Monday. BMO Capital Markets increased their target price on shares of George Weston from C$172.00 to C$185.00 and gave the stock an “outperform” rating in a research note on Friday, March 1st. Royal Bank of Canada raised their price objective on shares of George Weston from C$216.00 to C$218.00 and gave the company an “outperform” rating in a research note on Thursday, February 29th. Scotiabank boosted their price objective on shares of George Weston from C$200.00 to C$212.00 and gave the stock a “sector perform” rating in a research report on Monday. Finally, CIBC upped their price target on shares of George Weston from C$213.00 to C$222.00 and gave the company an “outperform” rating in a research report on Thursday, February 29th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$216.67.

George Weston Trading Down 0.8 %

TSE WN opened at C$188.98 on Wednesday. The company has a quick ratio of 0.73, a current ratio of 1.24 and a debt-to-equity ratio of 158.23. The firm has a market cap of C$25.40 billion, a PE ratio of 17.56, a price-to-earnings-growth ratio of 1.70 and a beta of 0.38. The company has a 50 day moving average price of C$181.46 and a 200 day moving average price of C$170.91. George Weston has a 52 week low of C$144.41 and a 52 week high of C$194.02.

George Weston (TSE:WN) last announced its quarterly earnings results on Wednesday, February 28th. The company reported C$2.51 earnings per share (EPS) for the quarter. George Weston had a net margin of 2.56% and a return on equity of 19.71%. The firm had revenue of C$14.70 billion for the quarter. As a group, sell-side analysts forecast that George Weston will post 11.8758003 EPS for the current fiscal year.

Insiders Place Their Bets

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 transaction 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 that occurred on Thursday, February 29th. The shares were sold at an average price of C$144.88, for a total transaction of C$11,474,503.92. Also, Senior Officer Andrew Michael Bunston sold 2,303 shares of the business’s stock in a transaction on Friday, March 22nd. The shares were sold at an average price of C$183.27, for a total transaction of C$422,079.10. Insiders have sold 151,008 shares of company stock valued at $24,350,724 over the last quarter. Insiders own 58.21% of the company’s stock.

About George Weston

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.