BMO Capital Markets Raises George Weston (TSE:WN) Price Target to C$221.50

George Weston (TSE:WN) had its price target boosted by BMO Capital Markets from C$220.00 to C$221.50 in a report issued on Wednesday,BayStreet.CA reports.

Several other equities research analysts also recently weighed in on WN. Desjardins increased their price target on George Weston from C$232.00 to C$255.00 in a research report on Wednesday. Royal Bank of Canada upped their price objective on George Weston from C$230.00 to C$253.00 in a research report on Tuesday, November 12th. TD Securities boosted their target price on shares of George Weston from C$242.00 to C$263.00 and gave the company a “buy” rating in a research note on Monday. CIBC increased their target price on shares of George Weston from C$254.00 to C$269.00 in a research note on Wednesday. Finally, Scotiabank lowered their price target on George Weston from C$222.00 to C$218.00 in a research note on Wednesday. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, George Weston has an average rating of “Moderate Buy” and a consensus target price of C$246.58.

George Weston Stock Up 1.8 %

WN stock opened at C$219.04 on Wednesday. The company has a debt-to-equity ratio of 171.94, a current ratio of 1.35 and a quick ratio of 0.73. The firm’s fifty day simple moving average is C$223.82 and its 200-day simple moving average is C$210.32. George Weston has a 12 month low of C$155.00 and a 12 month high of C$236.30. The company has a market capitalization of C$28.94 billion, a P/E ratio of 24.67, a price-to-earnings-growth ratio of 5.03 and a beta of 0.42.

Insider Activity at George Weston

In related news, Senior Officer Richard Dufresne sold 2,700 shares of the firm’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of C$218.89, for a total transaction of C$591,000.03. Also, Senior Officer Rashid Wasti bought 1,500 shares of the firm’s stock in a transaction on Friday, August 23rd. The stock was purchased at an average price of C$21.72 per share, for a total transaction of C$32,580.00. Over the last 90 days, insiders purchased 7,600 shares of company stock valued at $164,279 and sold 54,115 shares valued at $12,177,793. Insiders own 59.41% of the company’s stock.

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.