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

George Weston Limited (TSE:WN) has received a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$248.75.

WN has been the topic of a number of research analyst reports. Desjardins lifted their price target on George Weston from C$232.00 to C$255.00 in a report on Wednesday, November 20th. BMO Capital Markets lifted their target price on George Weston from C$220.00 to C$221.50 in a research note on Wednesday, November 20th. Royal Bank of Canada increased their price target on shares of George Weston from C$253.00 to C$266.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. TD Securities boosted 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. Finally, CIBC increased their target price on shares of George Weston from C$254.00 to C$269.00 in a research report on Wednesday, November 20th.

Insider Activity at George Weston

In other George Weston news, Senior Officer Richard Dufresne sold 10,000 shares of the stock in a transaction on 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 business’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of C$235.45, for a total value of C$35,317.50. Over the last quarter, insiders have sold 15,150 shares of company stock valued at $3,393,420. 59.41% of the stock is currently owned by corporate insiders.

George Weston Trading Up 0.2 %

TSE WN opened at C$222.87 on Wednesday. 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 company has a debt-to-equity ratio of 171.94, a quick ratio of 0.73 and a current ratio of 1.35. George Weston has a twelve month low of C$163.00 and a twelve month high of C$239.79. The stock has a market cap of C$29.45 billion, a price-to-earnings ratio of 25.10, a PEG ratio of 5.03 and a beta of 0.42.

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.