George Weston (TSE:WN) Price Target Increased to C$227.00 by Analysts at TD Securities

George Weston (TSE:WN) had its price target upped by equities research analysts at TD Securities from C$226.00 to C$227.00 in a report issued on Monday, BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. TD Securities’ price target would suggest a potential upside of 20.33% from the stock’s previous close.

A number of other brokerages also recently weighed in on WN. Scotiabank increased their price target on shares of George Weston from C$200.00 to C$212.00 and gave the company a “sector perform” rating in a research report on Monday. CIBC boosted their target price on George Weston from C$213.00 to C$222.00 and gave the company an “outperform” rating in a research note on Thursday, February 29th. BMO Capital Markets raised their price target on George Weston from C$172.00 to C$185.00 and gave the stock an “outperform” rating in a research report on Friday, March 1st. Finally, Royal Bank of Canada boosted their price objective on George Weston from C$216.00 to C$218.00 and gave the company an “outperform” rating in a research report on Thursday, February 29th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$208.50.

George Weston Trading Up 1.7 %

Shares of TSE:WN traded up C$3.15 during trading on Monday, hitting C$188.65. 61,548 shares of the company’s stock were exchanged, compared to its average volume of 107,780. The company has a current ratio of 1.24, a quick ratio of 0.73 and a debt-to-equity ratio of 158.23. The firm has a market cap of C$25.36 billion, a P/E ratio of 17.51, a PEG ratio of 1.70 and a beta of 0.38. The firm has a 50-day moving average price of C$180.73 and a two-hundred day moving average price of C$170.05. George Weston has a 1-year low of C$144.41 and a 1-year high of C$188.69.

George Weston (TSE:WN) last released its earnings results on Wednesday, February 28th. The company reported C$2.51 EPS for the quarter. The firm had revenue of C$14.70 billion during the quarter. George Weston had a net margin of 2.56% and a return on equity of 19.71%. Equities analysts predict that George Weston will post 11.8758003 earnings per share for the current year.

Insider Activity at George Weston

In related news, Senior Officer Andrew Michael Bunston sold 2,303 shares of George Weston stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of C$183.27, for a total value of C$422,079.10. In other news, Senior Officer Richard Dufresne sold 10,000 shares of George Weston stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of C$181.41, for a total value of C$1,814,055.00. Also, Senior Officer Andrew Michael Bunston sold 2,303 shares of the business’s stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of C$183.27, for a total transaction of C$422,079.10. Over the last 90 days, insiders sold 151,008 shares of company stock valued at $24,350,724. Corporate insiders own 58.21% of the company’s stock.

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.