George Weston (WN) to Release Quarterly Earnings on Tuesday

George Weston (TSE:WN) will be releasing its earnings data before the market opens on Tuesday, November 19th.

George Weston Trading Up 0.3 %

TSE:WN opened at C$225.90 on Friday. The firm has a market capitalization of C$29.85 billion, a P/E ratio of 25.44, a P/E/G ratio of 5.03 and a beta of 0.42. George Weston has a 52 week low of C$155.00 and a 52 week high of C$236.30. The company has a quick ratio of 0.73, a current ratio of 1.35 and a debt-to-equity ratio of 171.94. The company has a fifty day moving average of C$224.03 and a 200 day moving average of C$209.56.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Desjardins upped their price objective on shares of George Weston from C$212.00 to C$232.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Scotiabank raised shares of George Weston to a “hold” rating in a research note on Wednesday, October 30th. BMO Capital Markets lifted their price objective on George Weston from C$196.00 to C$220.00 and gave the company a “market perform” rating in a research report on Wednesday, July 31st. TD Securities decreased their target price on George Weston from C$246.00 to C$242.00 and set a “buy” rating for the company in a research report on Monday, July 22nd. Finally, Royal Bank of Canada raised their target price on George Weston from C$230.00 to C$253.00 in a research note on Tuesday, November 12th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$235.50.

Insider Activity at George Weston

In related news, Senior Officer Rashid Wasti acquired 1,500 shares of the firm’s stock in a transaction dated Friday, August 23rd. The stock was purchased at an average cost of C$21.72 per share, with a total value of C$32,580.00. Also, Senior Officer Richard Dufresne sold 2,700 shares of the business’s stock in a transaction on Friday, August 30th. The shares were sold at an average price of C$218.89, for a total transaction of C$591,000.03. In the last three months, insiders have acquired 7,900 shares of company stock valued at $170,948 and have sold 54,115 shares valued at $12,177,793. 59.41% of the stock is currently owned by insiders.

About George Weston

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.