Richard Dufresne Sells 10,000 Shares of George Weston Limited (TSE:WN) Stock

George Weston Limited (TSE:WN) Senior Officer Richard Dufresne sold 10,000 shares of the business’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of C$230.80, for a total transaction of C$2,308,031.00.

Richard Dufresne also recently made the following trade(s):

• On Monday, December 2nd, Richard Dufresne sold 10,000 shares of George Weston stock. The shares were sold at an average price of C$224.95, for a total value of C$2,249,513.00.

George Weston Trading Up 1.6 %

Shares of WN opened at C$231.42 on Friday. George Weston Limited has a 1-year low of C$174.30 and a 1-year high of C$239.79. The company has a market capitalization 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 company has a debt-to-equity ratio of 372.50, a current ratio of 1.32 and a quick ratio of 0.73. The firm’s 50 day simple moving average is C$223.45 and its 200 day simple moving average is C$223.61.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Scotiabank downgraded George Weston from an “outperform” rating to a “sector perform” rating and raised their target price for the stock from C$240.00 to C$241.00 in a research note on Thursday. TD Securities raised their price objective on shares of George Weston from C$242.00 to C$263.00 and gave the company a “buy” rating in a research report on Monday, November 18th. Desjardins decreased their target price on shares of George Weston from C$255.00 to C$251.00 and set a “buy” rating on the stock in a report on Thursday. Royal Bank of Canada cut 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 report on Thursday. Finally, BMO Capital Markets boosted 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 investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, George Weston currently has an average rating of “Moderate Buy” and a consensus price target 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%.