George Weston (OTCMKTS:WNGRF) Upgraded 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 issued on Wednesday morning,Zacks.com reports.

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

George Weston Stock Performance

Shares of George Weston stock opened at $153.47 on Wednesday. The company has a market cap of $19.98 billion, a PE ratio of 46.65 and a beta of 0.57. George Weston has a 52 week low of $124.99 and a 52 week high of $167.55. The business has a 50 day moving average price of $160.27 and a 200-day moving average price of $158.35. The company has a quick ratio of 0.72, a current ratio of 1.32 and a debt-to-equity ratio of 1.08.

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.