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

George Weston Limited (TSE:WN) Senior Officer Richard Dufresne sold 10,000 shares of George Weston stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of C$267.12, for a total value of C$2,671,248.00.

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

• On Thursday, May 15th, Richard Dufresne sold 10,000 shares of George Weston stock. The shares were sold at an average price of C$260.07, for a total value of C$2,600,739.00.
• On Tuesday, May 6th, Richard Dufresne sold 20,000 shares of George Weston stock. The shares were sold at an average price of C$267.91, for a total value of C$5,358,136.00.
• On Wednesday, February 26th, Richard Dufresne sold 10,000 shares of George Weston stock. The shares were sold at an average price of C$230.80, for a total value of C$2,308,031.00.

George Weston Price Performance

WN stock opened at C$270.19 on Friday. The stock has a 50-day moving average price of C$253.55 and a two-hundred day moving average price of C$235.63. George Weston Limited has a 12-month low of C$186.22 and a 12-month high of C$273.19. 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 has a market cap of C$35.07 billion, a PE ratio of 54.08, a price-to-earnings-growth ratio of 5.03 and a beta of 0.42.

Wall Street Analysts Forecast Growth

WN has been the subject of a number of recent analyst reports. TD Securities lifted their price objective on George Weston from C$256.00 to C$308.00 and gave the company a “buy” rating in a research report on Friday, May 2nd. Royal Bank of Canada boosted their price target on George Weston from C$264.00 to C$284.00 in a research report on Monday, April 14th. Desjardins boosted their price target on George Weston from C$251.00 to C$300.00 in a research report on Friday, May 9th. CIBC boosted their price target on George Weston from C$268.00 to C$296.00 and gave the company an “outperform” rating in a research report on Wednesday, May 7th. Finally, Scotiabank boosted their price target on George Weston from C$241.00 to C$285.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 7th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$282.42.

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%.