George Weston Limited (TSE:WN) Senior Officer Purchases C$21,450.00 in Stock

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti bought 1,000 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were purchased 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 Tuesday, November 19th, Rashid Wasti bought 1,000 shares of George Weston stock. The shares were purchased at an average cost of C$21.45 per share, with a total value of C$21,450.00.
• On Friday, October 4th, Rashid Wasti purchased 1,000 shares of George Weston stock. The shares were acquired at an average price of C$22.18 per share, for a total transaction of C$22,180.00.
• On Friday, September 20th, Rashid Wasti purchased 1,000 shares of George Weston stock. The shares were acquired at an average price of C$20.54 per share, for a total transaction of C$20,539.00.
• On Tuesday, September 17th, Rashid Wasti purchased 1,100 shares of George Weston stock. The shares were acquired at an average price of C$21.99 per share, for a total transaction of C$24,189.99.
• On Monday, August 26th, Rashid Wasti purchased 2,000 shares of George Weston stock. The shares were acquired at an average price 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 value of C$33,376.50.

George Weston Stock Performance

TSE WN opened at C$218.89 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 company has a fifty day moving average price of C$223.70 and a 200-day moving average price of C$210.80. George Weston Limited has a 1 year low of C$155.49 and a 1 year high of C$236.30. The firm has a market cap 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

A number of brokerages recently issued reports on WN. Royal Bank of Canada increased their target price on George Weston from C$230.00 to C$253.00 in a report on Tuesday, November 12th. TD Securities raised their price objective 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, November 18th. BMO Capital Markets boosted their target price on shares of George Weston from C$220.00 to C$221.50 in a research report on Wednesday, November 20th. Desjardins upped their target price on shares of George Weston from C$232.00 to C$255.00 in a report on Wednesday, November 20th. Finally, CIBC lifted their price target on George Weston from C$254.00 to C$269.00 in a research note on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, George Weston currently has an average rating of “Moderate Buy” and a consensus 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.