TD Securities Raises George Weston (TSE:WN) Price Target to C$263.00

George Weston (TSE:WN) had its price target lifted by TD Securities from C$242.00 to C$263.00 in a research report report published on Monday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

WN has been the topic of several other research reports. Scotiabank upgraded George Weston to a “hold” rating in a research note on Wednesday, October 30th. CIBC boosted their price target on George Weston from C$235.00 to C$254.00 and gave the company an “outperform” rating in a research note on Wednesday, July 31st. BMO Capital Markets boosted their price target on George Weston from C$196.00 to C$220.00 and gave the company a “market perform” rating in a research note on Wednesday, July 31st. Desjardins boosted their price target on George Weston from C$212.00 to C$232.00 and gave the company a “buy” rating in a research note on Wednesday, July 31st. Finally, Royal Bank of Canada boosted their price target on George Weston from C$230.00 to C$253.00 in a research note on Tuesday, November 12th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$246.58.

George Weston Trading Up 0.0 %

Shares of TSE:WN opened at C$219.08 on Monday. 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 business’s 50-day moving average is C$223.76 and its 200 day moving average is C$210.57. The firm has a market capitalization of C$28.95 billion, a P/E ratio of 24.67, a P/E/G ratio of 5.03 and a beta of 0.42. George Weston has a 1 year low of C$155.49 and a 1 year high of C$236.30.

Insider Transactions at George Weston

In other George Weston news, Senior Officer Rashid Wasti sold 150 shares of the stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of C$222.51, for a total transaction of C$33,376.50. Also, Director Alannah Elizabeth Weston sold 36,865 shares of the stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of C$226.64, for a total value of C$8,355,124.15. Over the last quarter, insiders have purchased 6,100 shares of company stock worth $131,699 and have sold 54,115 shares worth $12,177,793. Company insiders own 59.41% of the company’s stock.

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.