Insider Selling: George Weston Limited (TSE:WN) Senior Officer Sells 5,000 Shares of Stock

George Weston Limited (TSE:WN) Senior Officer Richard Dufresne sold 5,000 shares of George Weston stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of C$221.72, for a total value of C$1,108,589.00.

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

• On Thursday, September 12th, Richard Dufresne sold 4,400 shares of George Weston stock. The stock was sold at an average price of C$226.89, for a total value of C$998,326.12.
• On Monday, September 9th, Richard Dufresne sold 5,000 shares of George Weston stock. The shares were sold at an average price of C$221.48, for a total value of C$1,107,420.50.
• On Tuesday, September 3rd, Richard Dufresne sold 5,000 shares of George Weston stock. The shares were sold at an average price of C$218.51, for a total value of C$1,092,546.00.

George Weston Stock Performance

TSE WN opened at C$223.64 on Friday. The stock has a 50-day simple moving average of C$223.32 and a two-hundred day simple moving average of C$211.72. The firm has a market capitalization of C$29.55 billion, a P/E ratio of 25.18, a PEG ratio of 5.03 and a beta of 0.42. George Weston Limited has a fifty-two week low of C$155.49 and a fifty-two week high of C$236.30. The company has a debt-to-equity ratio of 171.94, a quick ratio of 0.73 and a current ratio of 1.35.

Analyst Ratings Changes

WN has been the topic of several research analyst reports. Desjardins boosted their price objective on George Weston from C$232.00 to C$255.00 in a research report on Wednesday, November 20th. Scotiabank reduced their price objective on George Weston from C$222.00 to C$218.00 in a research note on Wednesday, November 20th. BMO Capital Markets boosted their price objective on George Weston from C$220.00 to C$221.50 in a research note on Wednesday, November 20th. TD Securities upped their target price on George Weston from C$242.00 to C$263.00 and gave the company a “buy” rating in a research note on Monday, November 18th. Finally, Royal Bank of Canada upped their target price on George Weston from C$230.00 to C$253.00 in a research note on Tuesday, November 12th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$246.58.

George Weston Company Profile

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.