George Weston Limited (TSE:WN) Senior Officer Purchases C$34,305.00 in Stock

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti bought 1,500 shares of George Weston stock in a transaction dated Wednesday, March 12th. The stock was purchased at an average price of C$22.87 per share, for a total transaction of C$34,305.00.

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

• On Friday, March 14th, Rashid Wasti bought 1,500 shares of George Weston stock. The shares were purchased at an average price of C$21.25 per share, with a total value of C$31,875.00.
• On Monday, March 10th, Rashid Wasti sold 750 shares of George Weston stock. The stock was sold at an average price of C$239.90, for a total transaction of C$179,925.00.
• On Tuesday, March 4th, Rashid Wasti bought 1,000 shares of George Weston stock. The stock was purchased at an average price of C$24.60 per share, with a total value 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 stock was sold at an average price of C$231.30, for a total value of C$57,825.00.

George Weston Trading Up 1.0 %

WN opened at C$232.13 on Monday. George Weston Limited has a fifty-two week low of C$174.30 and a fifty-two week high of C$240.43. The company has a market cap of C$30.13 billion, a price-to-earnings ratio of 46.46, a price-to-earnings-growth ratio of 5.03 and a beta of 0.42. The company has a debt-to-equity ratio of 372.50, a current ratio of 1.32 and a quick ratio of 0.73. The firm has a 50 day simple moving average of C$224.92 and a 200 day simple moving average of C$224.84.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on WN shares. Scotiabank cut George Weston from an “outperform” rating to a “sector perform” rating and lifted their price target for the company from C$240.00 to C$241.00 in a report on Thursday, February 27th. TD Securities boosted their target price on shares of George Weston from C$242.00 to C$263.00 and gave the stock a “buy” rating in a research note on Monday, November 18th. Royal Bank of Canada decreased their price target on shares of George Weston from C$266.00 to C$264.00 and set an “outperform” rating on the stock in a research note on Thursday, February 27th. Desjardins dropped their price objective on shares of George Weston from C$255.00 to C$251.00 and set a “buy” rating for the company in a research report on Thursday, February 27th. Finally, CIBC decreased their price objective on George Weston from C$269.00 to C$268.00 and set an “outperform” rating on the stock in a research report on Thursday, February 27th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$251.42.

George Weston Company Profile

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%.