George Weston (OTCMKTS:WNGRF) Cut to “Hold” at Scotiabank

Scotiabank lowered shares of George Weston (OTCMKTS:WNGRF) from a strong-buy rating to a hold rating in a research report released on Thursday,Zacks.com reports.

Separately, Cibc World Mkts upgraded George Weston to a “strong-buy” rating in a research note on Wednesday, November 20th.

George Weston Stock Down 0.3 %

WNGRF stock opened at $158.26 on Thursday. George Weston has a twelve month low of $127.52 and a twelve month high of $167.55. The company has a quick ratio of 0.77, a current ratio of 1.32 and a debt-to-equity ratio of 1.08. The firm has a market cap of $20.54 billion, a PE ratio of 48.10 and a beta of 0.57. The business has a 50 day moving average of $154.86 and a 200 day moving average of $159.34.

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.