Rashid Wasti Buys 1,500 Shares of George Weston Limited (TSE:WN) Stock

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti bought 1,500 shares of the stock in a transaction dated Friday, March 14th. The stock was purchased at an average price of C$21.25 per share, with a total value of C$31,875.00.

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

• On Wednesday, March 12th, Rashid Wasti bought 1,500 shares of George Weston stock. The stock was purchased at an average price of C$22.87 per share, with a total value of C$34,305.00.
• On Monday, March 10th, Rashid Wasti sold 750 shares of George Weston stock. The shares were 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 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 shares were sold at an average price of C$231.30, for a total value of C$57,825.00.

George Weston Stock Performance

Shares of WN opened at C$232.13 on Friday. 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 one year low of C$174.30 and a one year high of C$240.43. The firm 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. The business has a fifty day moving average of C$224.92 and a 200 day moving average of C$224.84.

Analysts Set New Price Targets

A number of brokerages have issued reports on WN. Royal Bank of Canada lowered their price objective on George Weston from C$266.00 to C$264.00 and set an “outperform” rating for the company in a research note on Thursday, February 27th. CIBC lowered their price objective on 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. Desjardins reduced their target price 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. BMO Capital Markets lifted their target price on George Weston from C$220.00 to C$221.50 in a report on Wednesday, November 20th. Finally, TD Securities lifted their target price on George Weston from C$242.00 to C$263.00 and gave the stock a “buy” rating in a report on Monday, November 18th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average 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%.