George Weston Ltd. (OTCMKTS:WNGRF) Receives Average Rating of “Moderate Buy” from Analysts

Shares of George Weston Ltd. (OTCMKTS:WNGRF) have been assigned an average recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company.

Separately, BMO Capital Markets upgraded shares of George Weston from a “market perform” rating to an “outperform” rating in a research note on Monday.

George Weston Stock Performance

Shares of WNGRF stock opened at $72.80 on Monday. George Weston has a 12-month low of $60.17 and a 12-month high of $75.92. The company has a market capitalization of $27.24 billion, a P/E ratio of 35.01 and a beta of 0.47. The firm has a 50-day moving average price of $71.57 and a 200 day moving average price of $71.07. The company has a quick ratio of 0.64, a current ratio of 1.11 and a debt-to-equity ratio of 1.06.

George Weston (OTCMKTS:WNGRF) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.63 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.07). The firm had revenue of $10.52 billion during the quarter, compared to analyst estimates of $10.53 billion. George Weston had a net margin of 1.74% and a return on equity of 13.95%.

About George Weston

George Weston Limited (OTCMKTS:WNGRF) is a Canadian diversified food processing and distribution company with principal interests in grocery retail and baked goods. The company operates primarily through its controlling ownership of Loblaw Companies Limited, one of Canada’s largest food retailers, and through its Weston Foods bakery operations. Its business model spans product manufacturing, retailing, and associated services that support grocery operations and consumer packaged goods distribution.

Through its ownership stake in Loblaw, George Weston is connected to a wide array of retail banners, pharmacy operations and private-label brands that serve Canadian consumers, including national supermarket formats and in-store pharmacy and financial services.