George Weston Limited (TSE:WN) Director Sells C$13,275,441.29 in Stock

George Weston Limited (TSE:WN) Director Willard Galen Garfield Weston sold 57,463 shares of the company’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of C$231.03, for a total transaction of C$13,275,441.29.

George Weston Stock Up 0.0 %

Shares of WN opened at C$238.05 on Monday. 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 debt-to-equity ratio of 372.50, a current ratio of 1.32 and a quick ratio of 0.73. The stock has a 50 day simple moving average of C$224.12 and a two-hundred day simple moving average of C$224.32. The firm has a market cap of C$30.90 billion, a P/E ratio of 47.65, a P/E/G ratio of 5.03 and a beta of 0.42.

Analyst Upgrades and Downgrades

Several research firms recently commented on WN. 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 research report on Thursday, February 27th. Scotiabank cut shares of George Weston from an “outperform” rating to a “sector perform” rating and upped their price objective for the stock from C$240.00 to C$241.00 in a research report on Thursday, February 27th. BMO Capital Markets raised their target price on shares of George Weston from C$220.00 to C$221.50 in a research note on Wednesday, November 20th. CIBC cut their price target 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. Finally, Royal Bank of Canada lowered their price objective on shares of George Weston from C$266.00 to C$264.00 and set an “outperform” rating on the stock in a research report on Thursday, February 27th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, George Weston has an average rating of “Moderate Buy” and a consensus target price 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%.