Rashid Wasti Sells 750 Shares of George Weston Limited (TSE:WN) Stock

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti sold 750 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of C$239.90, for a total transaction of C$179,925.00.

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

• On Tuesday, March 4th, Rashid Wasti purchased 1,000 shares of George Weston stock. The shares were bought at an average price of C$24.60 per share, with a total value of C$24,600.00.
• On Friday, March 7th, Rashid Wasti sold 250 shares of George Weston stock. The shares were sold at an average price of C$238.75, for a total value of C$59,687.50.
• On Friday, February 28th, Rashid Wasti sold 250 shares of George Weston stock. The stock was sold at an average price of C$231.30, for a total value of C$57,825.00.

George Weston Stock Performance

TSE WN opened at C$230.56 on Thursday. The company’s fifty day moving average is C$224.68 and its two-hundred day moving average is C$224.63. The firm has a market capitalization of C$29.93 billion, a price-to-earnings ratio of 46.15, a P/E/G ratio of 5.03 and a beta of 0.42. The company has a debt-to-equity ratio of 372.50, a current ratio of 1.32 and a quick ratio of 0.73. George Weston Limited has a 52-week low of C$174.30 and a 52-week high of C$240.43.

Analyst Upgrades and Downgrades

WN has been the subject of a number of analyst reports. CIBC reduced their price objective on shares of George Weston from C$269.00 to C$268.00 and set an “outperform” rating for the company in a research note on Thursday, February 27th. Scotiabank lowered shares of George Weston from an “outperform” rating to a “sector perform” rating and boosted their target price for the stock from C$240.00 to C$241.00 in a research report on Thursday, February 27th. BMO Capital Markets upped their price target on shares of George Weston from C$220.00 to C$221.50 in a report on Wednesday, November 20th. Royal Bank of Canada dropped their price objective on George Weston from C$266.00 to C$264.00 and set an “outperform” rating on the stock in a research note on Thursday, February 27th. Finally, TD Securities increased their target price on 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. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$251.42.

George Weston Company Profile

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%.