TD Securities Increases George Weston (TSE:WN) Price Target to C$227.00

George Weston (TSE:WN) had its price target raised by equities research analysts at TD Securities from C$226.00 to C$227.00 in a report issued on Monday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ price objective indicates a potential upside of 21.18% from the company’s current price.

WN has been the subject of a number of other research reports. BMO Capital Markets raised their target price on George Weston from C$172.00 to C$185.00 and gave the company an “outperform” rating in a report on Friday, March 1st. CIBC raised their target price on George Weston from C$213.00 to C$222.00 and gave the company an “outperform” rating in a report on Thursday, February 29th. Scotiabank raised their target price on George Weston from C$200.00 to C$212.00 and gave the company a “sector perform” rating in a report on Monday. Finally, Royal Bank of Canada raised their target price on George Weston from C$216.00 to C$218.00 and gave the company an “outperform” rating in a report on Thursday, February 29th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$208.50.

George Weston Stock Performance

TSE:WN opened at C$187.33 on Monday. The firm’s fifty day moving average price is C$181.00 and its 200 day moving average price is C$170.65. George Weston has a 1-year low of C$144.41 and a 1-year high of C$190.17. The company has a debt-to-equity ratio of 158.23, a current ratio of 1.24 and a quick ratio of 0.73. The firm has a market cap of C$25.18 billion, a price-to-earnings ratio of 17.41, a price-to-earnings-growth ratio of 1.70 and a beta of 0.38.

George Weston (TSE:WN) last posted its quarterly earnings data on Wednesday, February 28th. The company reported C$2.51 earnings per share for the quarter. George Weston had a net margin of 2.56% and a return on equity of 19.71%. The firm had revenue of C$14.70 billion for the quarter. On average, sell-side analysts expect that George Weston will post 11.8758003 EPS for the current year.

Insider Transactions at George Weston

In other George Weston news, Senior Officer Andrew Michael Bunston sold 2,303 shares of the company’s stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of C$183.27, for a total value of C$422,079.10. In other George Weston news, Senior Officer Andrew Michael Bunston sold 2,303 shares of George Weston stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of C$183.27, for a total value of C$422,079.10. Also, Senior Officer Rashid Wasti sold 1,086 shares of George Weston stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of C$176.24, for a total transaction of C$191,393.60. Insiders sold 151,008 shares of company stock valued at $24,350,724 in the last 90 days. 58.21% of the stock is currently owned by insiders.

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.