George Weston Limited (TSE:WN) Senior Officer Rashid Wasti Buys 1,500 Shares

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti bought 1,500 shares of George Weston stock in a transaction on Wednesday, March 12th. The stock was acquired at an average cost of C$22.87 per share, with a total value of C$34,305.00.

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

• On Friday, March 14th, Rashid Wasti bought 1,500 shares of George Weston stock. The stock was acquired at an average cost of C$21.25 per share, with a total value of C$31,875.00.
• On Monday, March 10th, Rashid Wasti sold 750 shares of George Weston stock. The stock was sold at an average price of C$239.90, for a total value of C$179,925.00.
• On Tuesday, March 4th, Rashid Wasti acquired 1,000 shares of George Weston stock. The stock was purchased at an average cost 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 stock was 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 Trading Up 1.0 %

Shares of TSE WN opened at C$232.13 on Friday. The business’s 50 day moving average is C$224.92 and its two-hundred day moving average is C$224.80. 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 1-year low of C$174.30 and a 1-year high of C$240.43. The stock has a market capitalization of C$30.13 billion, a P/E ratio of 46.46, a PEG ratio of 5.03 and a beta of 0.42.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. BMO Capital Markets lifted their price objective on George Weston from C$220.00 to C$221.50 in a report on Wednesday, November 20th. Desjardins cut their price objective on George Weston from C$255.00 to C$251.00 and set a “buy” rating for the company in a report on Thursday, February 27th. Royal Bank of Canada cut their price objective on George Weston from C$266.00 to C$264.00 and set an “outperform” rating for the company in a report on Thursday, February 27th. CIBC lowered their target price on George Weston from C$269.00 to C$268.00 and set an “outperform” rating on the stock in a research report on Thursday, February 27th. Finally, Scotiabank downgraded George Weston from an “outperform” rating to a “sector perform” rating and lifted their target price for the company from C$240.00 to C$241.00 in a research report on Thursday, February 27th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock 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%.