Rashid Wasti Buys 1,500 Shares of George Weston Limited (TSE:WN) Stock

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti purchased 1,500 shares of the business’s stock in a transaction on Friday, March 14th. The shares were bought at an average cost of C$21.25 per share, with a total value of C$31,875.00.

Rashid Wasti also recently made the following trade(s):

• On Wednesday, March 12th, Rashid Wasti purchased 1,500 shares of George Weston stock. The shares were bought at an average cost of C$22.87 per share, with a total value of C$34,305.00.
• On Monday, March 10th, Rashid Wasti sold 750 shares of George Weston stock. The shares were sold at an average price of C$239.90, for a total value of C$179,925.00.
• On Tuesday, March 4th, Rashid Wasti purchased 1,000 shares of George Weston stock. The shares were bought at an average cost of C$24.60 per share, with a total value of C$24,600.00.
• On Friday, March 7th, Rashid Wasti sold 250 shares of George Weston stock. The shares were sold at an average price of C$238.75, for a total value of C$59,687.50.
• On Friday, February 28th, Rashid Wasti sold 250 shares of George Weston stock. The shares were sold at an average price of C$231.30, for a total value of C$57,825.00.

George Weston Trading Up 1.0 %

Shares of WN stock opened at C$232.13 on Friday. George Weston Limited has a 1 year low of C$174.30 and a 1 year high of C$240.43. 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’s 50 day simple moving average is C$224.92 and its two-hundred day simple moving average is C$224.84. The company has a market cap of C$30.13 billion, a PE ratio of 46.46, a price-to-earnings-growth ratio of 5.03 and a beta of 0.42.

Wall Street Analyst Weigh In

Several brokerages have recently commented on WN. Royal Bank of Canada lowered their price objective on 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. TD Securities boosted their price objective on George Weston from C$242.00 to C$263.00 and gave the company a “buy” rating in a research report on Monday, November 18th. Desjardins lowered their price objective on George Weston from C$255.00 to C$251.00 and set a “buy” rating on the stock in a research report on Thursday, February 27th. Scotiabank downgraded George Weston from an “outperform” rating to a “sector perform” rating and boosted their target price for the stock from C$240.00 to C$241.00 in a research report on Thursday, February 27th. Finally, BMO Capital Markets boosted their target price on George Weston from C$220.00 to C$221.50 in a research report on Wednesday, November 20th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, George Weston 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%.