Rashid Wasti Acquires 1,000 Shares of George Weston Limited (TSE:WN) Stock

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti bought 1,000 shares of George Weston stock in a transaction dated Friday, November 22nd. The stock was acquired at an average price 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 purchased 1,000 shares of George Weston stock. The shares were acquired at an average cost of C$21.45 per share, for a total transaction of C$21,450.00.
• On Friday, October 4th, Rashid Wasti acquired 1,000 shares of George Weston stock. The shares were acquired at an average price of C$22.18 per share, with a total value of C$22,180.00.
• On Friday, September 20th, Rashid Wasti bought 1,000 shares of George Weston stock. The stock was 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 bought at an average price of C$21.99 per share, with a total value of C$24,189.99.
• On Monday, August 26th, Rashid Wasti acquired 2,000 shares of George Weston stock. The stock was bought 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 shares were sold at an average price of C$222.51, for a total transaction of C$33,376.50.

George Weston Price Performance

Shares of TSE:WN opened at C$218.89 on Friday. The stock has a market capitalization of C$28.92 billion, a P/E ratio of 24.65, a P/E/G ratio of 5.03 and a beta of 0.42. The business has a 50-day moving average of C$223.70 and a two-hundred day moving average of C$210.80. George Weston Limited has a fifty-two week low of C$155.49 and a fifty-two week high of C$236.30. The company has a debt-to-equity ratio of 171.94, a current ratio of 1.35 and a quick ratio of 0.73.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on WN. Desjardins increased their price objective on George Weston from C$232.00 to C$255.00 in a report on Wednesday. BMO Capital Markets upped their target price on George Weston from C$220.00 to C$221.50 in a research report on Wednesday. TD Securities lifted their price target on George Weston from C$242.00 to C$263.00 and gave the company a “buy” rating in a report on Monday, November 18th. CIBC boosted their price target on George Weston from C$254.00 to C$269.00 in a research note on Wednesday. Finally, Scotiabank cut their price objective on shares of George Weston from C$222.00 to C$218.00 in a research report on Wednesday. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$246.58.

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.