George Weston Limited (TSE:WN) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of George Weston Limited (TSE:WN) have been assigned an average rating of “Moderate Buy” from the six research firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is C$248.75.

WN has been the topic of a number of analyst reports. BMO Capital Markets lifted their price objective on shares of George Weston from C$220.00 to C$221.50 in a research note on Wednesday, November 20th. Scotiabank dropped their price target on shares of George Weston from C$222.00 to C$218.00 in a research note on Wednesday, November 20th. TD Securities upped their price objective on shares of George Weston from C$242.00 to C$263.00 and gave the company a “buy” rating in a research report on Monday, November 18th. CIBC raised their target price on George Weston from C$254.00 to C$269.00 in a research note on Wednesday, November 20th. Finally, Desjardins boosted their price target on George Weston from C$232.00 to C$255.00 in a research note on Wednesday, November 20th.

George Weston Trading Up 0.2 %

Shares of WN stock opened at C$222.87 on Wednesday. The company has a quick ratio of 0.73, a current ratio of 1.35 and a debt-to-equity ratio of 171.94. George Weston has a fifty-two week low of C$163.00 and a fifty-two week high of C$239.79. The firm’s 50 day moving average price is C$226.83 and its two-hundred day moving average price is C$218.60. The stock has a market cap of C$29.45 billion, a price-to-earnings ratio of 25.10, a price-to-earnings-growth ratio of 5.03 and a beta of 0.42.

Insider Transactions at George Weston

In other George Weston news, Senior Officer Richard Dufresne sold 10,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of C$224.95, for a total transaction of C$2,249,513.00. Also, Senior Officer Rashid Wasti sold 150 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of C$235.45, for a total transaction of C$35,317.50. Over the last three months, insiders sold 15,150 shares of company stock worth $3,393,420. Company insiders own 59.41% 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.