Rashid Wasti Acquires 1,000 Shares of George Weston Limited (TSE:WN) Stock

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti bought 1,000 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was bought at an average cost of C$21.45 per share, for a total transaction of C$21,450.00.

Rashid Wasti also recently made the following trade(s):

• On Tuesday, November 19th, Rashid Wasti purchased 1,000 shares of George Weston stock. The stock was bought at an average price of C$21.45 per share, with a total value of C$21,450.00.
• On Friday, October 4th, Rashid Wasti acquired 1,000 shares of George Weston stock. The shares were bought at an average cost of C$22.18 per share, for a total transaction of C$22,180.00.
• On Friday, September 20th, Rashid Wasti bought 1,000 shares of George Weston stock. The stock was purchased at an average cost of C$20.54 per share, with a total value of C$20,539.00.
• On Tuesday, September 17th, Rashid Wasti purchased 1,100 shares of George Weston stock. The shares were purchased at an average cost of C$21.99 per share, for a total transaction of C$24,189.99.
• On Monday, August 26th, Rashid Wasti acquired 2,000 shares of George Weston stock. The stock was purchased at an average cost of C$21.67 per share, with a total value of C$43,340.00.
• On Wednesday, August 28th, Rashid Wasti sold 150 shares of George Weston stock. The shares were sold at an average price of C$222.51, for a total transaction of C$33,376.50.

George Weston Price Performance

Shares of WN traded up C$0.34 during mid-day trading on Friday, hitting C$219.42. 72,551 shares of the stock were exchanged, compared to its average volume of 127,647. The company has a debt-to-equity ratio of 171.94, a quick ratio of 0.73 and a current ratio of 1.35. The company has a market cap of C$28.99 billion, a PE ratio of 24.67, a price-to-earnings-growth ratio of 5.03 and a beta of 0.42. George Weston Limited has a 52-week low of C$155.49 and a 52-week high of C$236.30. The firm has a 50-day moving average of C$223.76 and a two-hundred day moving average of C$210.57.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on WN shares. Scotiabank decreased their price target on George Weston from C$222.00 to C$218.00 in a report on Wednesday. BMO Capital Markets lifted their target price on George Weston from C$220.00 to C$221.50 in a research note on Wednesday. Desjardins upped their price target on George Weston from C$232.00 to C$255.00 in a research note on Wednesday. Royal Bank of Canada lifted their price objective on shares of George Weston from C$230.00 to C$253.00 in a research report on Tuesday, November 12th. Finally, TD Securities upped their target price on shares of George Weston from C$242.00 to C$263.00 and gave the stock a “buy” rating in a research report on Monday. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$246.58.

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.