George Weston (OTCMKTS:WNGRF) Rating Increased to Strong-Buy at Scotiabank

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

Separately, Cibc World Mkts raised shares of George Weston to a “strong-buy” rating in a research report on Wednesday, November 20th.

George Weston Stock Down 1.7 %

Shares of OTCMKTS:WNGRF opened at $153.47 on Wednesday. George Weston has a 12-month low of $124.99 and a 12-month high of $167.55. The stock’s 50-day moving average price is $160.27 and its two-hundred day moving average price is $158.35. The company has a current ratio of 1.32, a quick ratio of 0.72 and a debt-to-equity ratio of 1.08. The firm has a market cap of $19.98 billion, a price-to-earnings ratio of 46.65 and a beta of 0.57.

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.