Analysts Set George Weston Limited (TSE:WN) Price Target at C$248.75

George Weston Limited (TSE:WN) has received an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$248.75.

A number of analysts recently commented on the company. Scotiabank dropped their price target on George Weston from C$222.00 to C$218.00 in a research note on Wednesday, November 20th. CIBC raised their target price on shares of George Weston from C$254.00 to C$269.00 in a research report on Wednesday, November 20th. Royal Bank of Canada lifted their target price on shares of George Weston from C$253.00 to C$266.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. BMO Capital Markets increased their price target on shares of George Weston from C$220.00 to C$221.50 in a research note on Wednesday, November 20th. Finally, Desjardins lifted their price objective on George Weston from C$232.00 to C$255.00 in a research report on Wednesday, November 20th.

George Weston Trading Down 0.5 %

Shares of WN opened at C$233.70 on Friday. The stock has a market capitalization of C$30.88 billion, a P/E ratio of 26.32, a PEG ratio of 5.03 and a beta of 0.42. George Weston has a twelve month low of C$155.49 and a twelve month high of C$239.79. The company has a quick ratio of 0.73, a current ratio of 1.35 and a debt-to-equity ratio of 171.94. The firm has a fifty day simple moving average of C$225.44 and a two-hundred day simple moving average of C$214.93.

Insider Activity at George Weston

In related news, Senior Officer Richard Dufresne sold 5,000 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of C$221.72, for a total transaction of C$1,108,589.00. Also, Director Alannah Elizabeth Weston sold 36,865 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of C$226.64, for a total value of C$8,355,124.15. Over the last ninety days, insiders have acquired 4,000 shares of company stock valued at $85,619 and have sold 52,015 shares valued at $11,748,544. 59.41% of the stock is currently 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.