Insider Selling: George Weston Limited (TSE:WN) Senior Officer Sells 250 Shares of Stock


Insider Selling: George Weston Limited (TSE:WN) Senior Officer Sells 250 Shares of Stock

George Weston Limited (TSE:WN - Get Free Report) Senior Officer Rashid Wasti sold 250 shares of George Weston stock in a transaction dated Friday, February 28th. The shares were sold at an average price of C$231.30, for a total transaction of C$57,825.00.

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

Shares of TSE:WN traded up C$3.57 during midday trading on Friday, hitting C$231.42. 214,857 shares of the stock were exchanged, compared to its average volume of 124,926. George Weston Limited has a twelve month low of C$174.30 and a twelve month high of C$239.79. 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 price of C$223.36 and a 200-day moving average price of C$223.33. The stock has a market cap of C$30.04 billion, a P/E ratio of 46.32, a PEG ratio of 5.03 and a beta of 0.42.

Several analysts have recently commented on the company. BMO Capital Markets raised their price target on George Weston from C$220.00 to C$221.50 in a report on Wednesday, November 20th. Royal Bank of Canada reduced their target price on George Weston from C$266.00 to C$264.00 and set an "outperform" rating for the company in a report on Thursday. CIBC lowered their price target on shares of George Weston from C$269.00 to C$268.00 and set an "outperform" rating on the stock in a research note on Thursday. Scotiabank cut shares of George Weston from an "outperform" rating to a "sector perform" rating and raised their price objective for the company from C$240.00 to C$241.00 in a research note on Thursday. Finally, TD Securities upped 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 report on Monday, November 18th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$251.42.

Get Our Latest Research Report on WN

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%.

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