George Weston Limited (TSE:WN) Senior Officer Sells C$179,925.00 in Stock

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti sold 750 shares of the firm’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of C$239.90, for a total transaction of C$179,925.00.

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

• On Tuesday, March 4th, Rashid Wasti acquired 1,000 shares of George Weston stock. The stock was bought at an average price of C$24.60 per share, for a total transaction of C$24,600.00.
• On Friday, March 7th, Rashid Wasti sold 250 shares of George Weston stock. The stock was 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 Down 0.1 %

Shares of TSE WN opened at C$230.56 on Thursday. 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 current ratio of 1.32, a quick ratio of 0.73 and a debt-to-equity ratio of 372.50. The company has a 50-day moving average of C$224.68 and a two-hundred day moving average of C$224.63. The company has a market cap of C$29.93 billion, a PE ratio of 46.15, a P/E/G ratio of 5.03 and a beta of 0.42.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Royal Bank of Canada lowered their target price 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, February 27th. CIBC cut their price target on shares of George Weston from C$269.00 to C$268.00 and set an “outperform” rating for the company in a report on Thursday, February 27th. TD Securities raised 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 report on Monday, November 18th. Desjardins cut their target price on shares of George Weston from C$255.00 to C$251.00 and set a “buy” rating for the company in a research note on Thursday, February 27th. Finally, Scotiabank lowered George Weston from an “outperform” rating to a “sector perform” rating and increased their price target for the stock from C$240.00 to C$241.00 in a research report on Thursday, February 27th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company 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%.