George Weston Limited (TSE:WN) Senior Officer Rashid Wasti Buys 1,000 Shares

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti bought 1,000 shares of the company’s stock in a transaction on Tuesday, November 19th. The shares were bought at an average price of C$21.45 per share, with a total value of C$21,450.00.

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

• On Friday, October 4th, Rashid Wasti purchased 1,000 shares of George Weston stock. The shares were bought at an average price of C$22.18 per share, for a total transaction of C$22,180.00.
• On Friday, September 20th, Rashid Wasti purchased 1,000 shares of George Weston stock. The shares were acquired at an average price of C$20.54 per share, for a total transaction of C$20,539.00.
• On Tuesday, September 17th, Rashid Wasti acquired 1,100 shares of George Weston stock. The shares were purchased at an average cost of C$21.99 per share, for a total transaction of C$24,189.99.
• On Monday, August 26th, Rashid Wasti acquired 2,000 shares of George Weston stock. The stock was acquired at an average price of C$21.67 per share, for a total transaction of C$43,340.00.
• On Wednesday, August 28th, Rashid Wasti sold 150 shares of George Weston stock. The stock was sold at an average price of C$222.51, for a total transaction of C$33,376.50.
• On Friday, August 23rd, Rashid Wasti purchased 1,500 shares of George Weston stock. The shares were purchased at an average cost of C$21.72 per share, for a total transaction of C$32,580.00.

George Weston Stock Up 1.8 %

Shares of WN stock opened at C$219.04 on Thursday. The company has a current ratio of 1.35, a quick ratio of 0.73 and a debt-to-equity ratio of 171.94. The stock has a market cap of C$28.94 billion, a P/E ratio of 24.67, a P/E/G ratio of 5.03 and a beta of 0.42. The stock has a 50 day moving average of C$223.82 and a 200 day moving average of C$210.32. George Weston Limited has a twelve month low of C$155.00 and a twelve month high of C$236.30.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. TD Securities upped their price target on shares of George Weston from C$242.00 to C$263.00 and gave the stock a “buy” rating in a research report on Monday. CIBC boosted their price target on shares of George Weston from C$254.00 to C$269.00 in a research report on Wednesday. Royal Bank of Canada raised their price objective on George Weston from C$230.00 to C$253.00 in a research note on Tuesday, November 12th. Desjardins lifted their price target on shares of George Weston from C$232.00 to C$255.00 in a research note on Wednesday. Finally, Scotiabank reduced their target price on George Weston from C$222.00 to C$218.00 in a research note on Wednesday. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$246.58.

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.