George Weston Limited (TSE:WN) Senior Officer Sells C$57,825.00 in Stock

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti sold 250 shares of George Weston stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of C$231.30, for a total transaction of C$57,825.00.

Rashid Wasti also recently made the following trade(s):

• On Thursday, December 5th, Rashid Wasti sold 150 shares of George Weston stock. The shares were sold at an average price of C$235.45, for a total value of C$35,317.50.

George Weston Trading Up 1.6 %

Shares of WN stock traded up C$3.57 during mid-day trading on Friday, reaching C$231.42. The company’s stock had a trading volume of 214,857 shares, compared to its average volume of 124,926. The company’s 50 day simple moving average is C$223.36 and its 200-day simple moving average is C$223.33. The company has a quick ratio of 0.73, a current ratio of 1.32 and a debt-to-equity ratio of 372.50. George Weston Limited has a 12-month low of C$174.30 and a 12-month high of C$239.79. The firm has a market capitalization of C$30.04 billion, a PE ratio of 46.32, a price-to-earnings-growth ratio of 5.03 and a beta of 0.42.

Analyst Ratings Changes

WN has been the subject of several recent analyst reports. BMO Capital Markets lifted their price target on George Weston from C$220.00 to C$221.50 in a report on Wednesday, November 20th. Scotiabank downgraded shares of George Weston from an “outperform” rating to a “sector perform” rating and boosted their target price for the company from C$240.00 to C$241.00 in a report on Thursday. CIBC decreased their price target on shares of George Weston from C$269.00 to C$268.00 and set an “outperform” rating on the stock in a report on Thursday. Royal Bank of Canada lowered their price objective on shares of George Weston from C$266.00 to C$264.00 and set an “outperform” rating for the company in a research note on Thursday. Finally, Desjardins cut their target price on George Weston from C$255.00 to C$251.00 and set a “buy” rating on the stock in a research report on Thursday. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$251.42.

About George Weston

George Weston is a holding company that operates through two subsidiaries encompassing retail and real estate. The first is Loblaw, the largest grocer in Canada, in which it has a 53% controlling stake. The second is Choice Properties, an open-ended real estate investment trust, where George Weston’s ownership sits close to 62%.