Cibc World Mkts Upgrades George Weston (OTCMKTS:WNGRF) to “Strong-Buy”

George Weston (OTCMKTS:WNGRF) was upgraded by research analysts at Cibc World Mkts to a “strong-buy” rating in a research report issued on Wednesday,Zacks.com reports.

George Weston Price Performance

Shares of George Weston stock opened at $158.10 on Wednesday. The stock has a 50-day simple moving average of $163.05 and a 200-day simple moving average of $153.45. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.26 and a quick ratio of 0.72. George Weston has a 52-week low of $114.56 and a 52-week high of $167.55. The firm has a market cap of $20.64 billion, a price-to-earnings ratio of 48.06 and a beta of 0.58.

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.