Insider Selling: George Weston Limited (TSE:WN) Senior Officer Sells 10,000 Shares of Stock

George Weston Limited (TSE:WN) Senior Officer Richard Dufresne sold 10,000 shares of George Weston stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of C$230.80, for a total transaction of C$2,308,031.00.

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

• On Monday, December 2nd, Richard Dufresne sold 10,000 shares of George Weston stock. The stock was sold at an average price of C$224.95, for a total transaction of C$2,249,513.00.

George Weston Stock Performance

Shares of WN stock opened at C$231.42 on Friday. The company has a market cap of C$30.04 billion, a price-to-earnings ratio of 46.32, a price-to-earnings-growth ratio of 5.03 and a beta of 0.42. George Weston Limited has a 52 week low of C$174.30 and a 52 week high of C$239.79. The company has a quick ratio of 0.73, a current ratio of 1.32 and a debt-to-equity ratio of 372.50. The firm has a 50 day moving average of C$223.45 and a 200-day moving average of C$223.50.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on WN. Desjardins reduced their price objective on shares of George Weston from C$255.00 to C$251.00 and set a “buy” rating on the stock in a research note on Thursday. TD Securities boosted their price objective 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, November 18th. CIBC lowered their target price on shares of George Weston from C$269.00 to C$268.00 and set an “outperform” rating on the stock in a report on Thursday. Royal Bank of Canada decreased their price objective on shares of George Weston from C$266.00 to C$264.00 and set an “outperform” rating on the stock in a report on Thursday. Finally, BMO Capital Markets upped their price objective on shares of George Weston from C$220.00 to C$221.50 in a report on Wednesday, November 20th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, George Weston presently has an average rating of “Moderate Buy” and an average target price of C$251.42.

About George Weston

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%.