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

George Weston Limited (TSE:WN) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$246.58.

A number of equities research analysts have recently commented on WN shares. CIBC upped their target price on shares of George Weston from C$254.00 to C$269.00 in a report on Wednesday, November 20th. Royal Bank of Canada increased their price objective on George Weston from C$230.00 to C$253.00 in a research report on Tuesday, November 12th. BMO Capital Markets boosted their target price on George Weston from C$220.00 to C$221.50 in a report on Wednesday, November 20th. Desjardins increased their price target on George Weston from C$232.00 to C$255.00 in a report on Wednesday, November 20th. Finally, Scotiabank lowered their price objective on shares of George Weston from C$222.00 to C$218.00 in a research report on Wednesday, November 20th.

George Weston Stock Down 0.3 %

WN stock opened at C$218.18 on Tuesday. The company has a market cap of C$28.83 billion, a price-to-earnings ratio of 24.57, a price-to-earnings-growth ratio of 5.03 and a beta of 0.42. The company has a fifty day moving average price of C$223.58 and a 200 day moving average price of C$211.01. The company has a debt-to-equity ratio of 171.94, a current ratio of 1.35 and a quick ratio of 0.73. George Weston has a 12 month low of C$155.49 and a 12 month high of C$236.30.

Insider Buying and Selling

In related news, Senior Officer Richard Dufresne sold 4,400 shares of the stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of C$226.89, for a total value of C$998,326.12. Also, Director Alannah Elizabeth Weston sold 36,865 shares of George Weston stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of C$226.64, for a total transaction of C$8,355,124.15. Over the last 90 days, insiders have purchased 5,100 shares of company stock valued at $109,809 and have sold 54,115 shares valued at $12,177,793. 59.41% of the stock is owned by 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.