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

George Weston (OTCMKTS:WNGRF) was upgraded by stock analysts at Scotiabank from a “hold” rating to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

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

George Weston Stock Performance

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

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.