Scotiabank Downgrades George Weston (OTCMKTS:WNGRF) to Hold

George Weston (OTCMKTS:WNGRF) was downgraded by stock analysts at Scotiabank from a “strong-buy” rating to a “hold” rating in a note issued to investors on Thursday,Zacks.com reports.

Separately, Cibc World Mkts upgraded shares of George Weston to a “strong-buy” rating in a report on Wednesday, November 20th.

George Weston Stock Performance

Shares of OTCMKTS WNGRF opened at $158.26 on Thursday. The company has a market cap of $20.54 billion, a PE ratio of 48.10 and a beta of 0.57. George Weston has a 12 month low of $127.52 and a 12 month high of $167.55. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.32 and a quick ratio of 0.77. The company has a 50-day simple moving average of $154.86 and a 200-day simple moving average of $159.30.

George Weston Company Profile

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services.