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

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti sold 250 shares of the stock in a transaction dated Friday, February 28th. The shares were 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 shares were sold at an average price of C$235.45, for a total transaction of C$35,317.50.

George Weston Trading Up 1.6 %

Shares of George Weston stock opened at C$231.42 on Monday. George Weston Limited has a 12-month low of C$174.30 and a 12-month high of C$239.79. The company has a market cap of C$30.04 billion, a price-to-earnings ratio of 46.32, a PEG ratio of 5.03 and a beta of 0.42. The company has a current ratio of 1.32, a quick ratio of 0.73 and a debt-to-equity ratio of 372.50. The company’s 50-day moving average price is C$223.45 and its 200-day moving average price is C$223.61.

Analyst Ratings Changes

Several equities research analysts have commented on WN shares. Desjardins dropped their price objective 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. BMO Capital Markets upped their price objective on shares of George Weston from C$220.00 to C$221.50 in a report on Wednesday, November 20th. CIBC dropped their price objective on shares of George Weston from C$269.00 to C$268.00 and set an “outperform” rating on the stock in a report on Thursday. Royal Bank of Canada dropped 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 report on Thursday. Finally, TD Securities upped 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 report on Monday, November 18th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average 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%.