George Weston Limited (TSE:WN) Senior Officer Rashid Wasti Sells 250 Shares of Stock

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti sold 250 shares of the business’s stock in a transaction dated 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 stock was sold at an average price of C$235.45, for a total transaction of C$35,317.50.

George Weston Stock Up 1.6 %

Shares of TSE WN opened at C$231.42 on Friday. The stock has a market cap of C$30.04 billion, a P/E ratio of 46.32, a P/E/G ratio of 5.03 and a beta of 0.42. The firm has a 50 day moving average price of C$223.45 and a 200 day moving average price of C$223.50. The company has a debt-to-equity ratio of 372.50, a quick ratio of 0.73 and a current ratio of 1.32. George Weston Limited has a 52-week low of C$174.30 and a 52-week high of C$239.79.

Analyst Upgrades and Downgrades

WN has been the subject of a number of research analyst reports. CIBC dropped their target price 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. Royal Bank of Canada lowered their price target on shares of George Weston from C$266.00 to C$264.00 and set an “outperform” rating for the company in a research report on Thursday. Desjardins lowered their price target on shares of George Weston from C$255.00 to C$251.00 and set a “buy” rating for the company in a research report on Thursday. TD Securities lifted their price target on shares of George Weston from C$242.00 to C$263.00 and gave the stock a “buy” rating in a research report on Monday, November 18th. Finally, BMO Capital Markets lifted their price target on shares of George Weston from C$220.00 to C$221.50 in a research report on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, George Weston currently has a consensus rating of “Moderate Buy” and an average target price 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%.