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

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti acquired 1,000 shares of the firm’s stock in a transaction on Friday, November 22nd. The stock was purchased at an average cost of C$21.45 per share, for a total transaction of C$21,450.00.

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

• On Tuesday, November 19th, Rashid Wasti bought 1,000 shares of George Weston stock. The stock was acquired at an average cost of C$21.45 per share, with a total value of C$21,450.00.
• On Friday, October 4th, Rashid Wasti purchased 1,000 shares of George Weston stock. The shares were acquired at an average cost of C$22.18 per share, for a total transaction of C$22,180.00.
• On Friday, September 20th, Rashid Wasti acquired 1,000 shares of George Weston stock. The stock was acquired at an average cost of C$20.54 per share, with a total value of C$20,539.00.
• On Tuesday, September 17th, Rashid Wasti purchased 1,100 shares of George Weston stock. The stock was acquired at an average price of C$21.99 per share, with a total value of C$24,189.99.
• On Monday, August 26th, Rashid Wasti purchased 2,000 shares of George Weston stock. The shares were bought at an average cost 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 shares were sold at an average price of C$222.51, for a total value of C$33,376.50.

George Weston Price Performance

WN stock opened at C$218.89 on Friday. George Weston Limited has a 1 year low of C$155.49 and a 1 year high of C$236.30. The company has a debt-to-equity ratio of 171.94, a current ratio of 1.35 and a quick ratio of 0.73. The stock has a market cap of C$28.92 billion, a price-to-earnings ratio of 24.65, a P/E/G ratio of 5.03 and a beta of 0.42. The company has a 50 day simple moving average of C$223.70 and a 200 day simple moving average of C$210.80.

Wall Street Analyst Weigh In

WN has been the subject of a number of analyst reports. Desjardins boosted their price target on George Weston from C$232.00 to C$255.00 in a research note on Wednesday. Royal Bank of Canada boosted their target price on shares of George Weston from C$230.00 to C$253.00 in a research report on Tuesday, November 12th. BMO Capital Markets increased their price target on shares of George Weston from C$220.00 to C$221.50 in a research report on Wednesday. CIBC boosted their price objective on shares of George Weston from C$254.00 to C$269.00 in a research report on Wednesday. Finally, Scotiabank reduced their target price on George Weston from C$222.00 to C$218.00 in a report on Wednesday. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.