Rashid Wasti Acquires 1,000 Shares of George Weston Limited (TSE:WN) Stock

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti purchased 1,000 shares of the stock in a transaction that occurred on Tuesday, November 19th. The stock was acquired at an average cost of C$21.45 per share, with a total value of C$21,450.00.

Rashid Wasti also recently made the following trade(s):

• On Friday, November 22nd, Rashid Wasti acquired 1,000 shares of George Weston stock. The shares were bought at an average price of C$21.45 per share, with a total value of C$21,450.00.
• On Friday, October 4th, Rashid Wasti bought 1,000 shares of George Weston stock. The stock was bought at an average cost of C$22.18 per share, for a total transaction of C$22,180.00.
• On Friday, September 20th, Rashid Wasti acquired 1,000 shares of George Weston stock. The shares were purchased at an average cost of C$20.54 per share, for a total transaction of C$20,539.00.
• On Tuesday, September 17th, Rashid Wasti bought 1,100 shares of George Weston stock. The stock was purchased at an average cost of C$21.99 per share, with a total value of C$24,189.99.
• On Monday, August 26th, Rashid Wasti purchased 2,000 shares of George Weston stock. The shares were purchased at an average cost of C$21.67 per share, for a total transaction of C$43,340.00.
• On Wednesday, August 28th, Rashid Wasti sold 150 shares of George Weston stock. The stock was sold at an average price of C$222.51, for a total transaction of C$33,376.50.
• On Friday, August 23rd, Rashid Wasti bought 1,500 shares of George Weston stock. The stock was bought at an average price of C$21.72 per share, for a total transaction of C$32,580.00.

George Weston Stock Performance

George Weston stock opened at C$218.89 on Friday. The company has a debt-to-equity ratio of 171.94, a quick ratio of 0.73 and a current ratio of 1.35. George Weston Limited has a fifty-two week low of C$155.49 and a fifty-two week high of C$236.30. The stock has a fifty day moving average of C$223.70 and a two-hundred day moving average of C$210.80. The company has a market capitalization of C$28.92 billion, a price-to-earnings ratio of 24.65, a PEG ratio of 5.03 and a beta of 0.42.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on WN shares. Desjardins boosted their target price on George Weston from C$232.00 to C$255.00 in a research report on Wednesday. Scotiabank cut their price objective on George Weston from C$222.00 to C$218.00 in a research report on Wednesday. CIBC raised their target price on George Weston from C$254.00 to C$269.00 in a report on Wednesday. TD Securities upped their price target on shares of George Weston from C$242.00 to C$263.00 and gave the stock a “buy” rating in a research note on Monday, November 18th. Finally, BMO Capital Markets raised their price objective on shares of George Weston from C$220.00 to C$221.50 in a research note on Wednesday. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of C$246.58.

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.