George Weston Limited (TSE:WN) Senior Officer Sells C$597,360.23 in Stock

George Weston Limited (TSE:WN - Get Free Report) Senior Officer Andrew Michael Bunston sold 2,151 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of C$277.71, for a total value of C$597,360.23.

George Weston Stock Performance

Shares of WN traded up C$2.32 during mid-day trading on Friday, reaching C$278.08. 394,197 shares of the company's stock were exchanged, compared to its average volume of 136,995. The business's fifty day simple moving average is C$257.51 and its 200-day simple moving average is C$237.18. The stock has a market capitalization of C$36.10 billion, a PE ratio of 55.66, 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$186.22 and a 52-week high of C$279.06. The company has a debt-to-equity ratio of 372.50, a current ratio of 1.32 and a quick ratio of 0.73.

Analyst Upgrades and Downgrades

WN has been the subject of several recent analyst reports. Royal Bank of Canada raised their price objective on shares of George Weston from C$264.00 to C$284.00 in a research report on Monday, April 14th. Scotiabank raised their price target on shares of George Weston from C$241.00 to C$285.00 and gave the stock a "sector perform" rating in a report on Wednesday, May 7th. TD Securities lifted their price target on shares of George Weston from C$256.00 to C$308.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. CIBC increased their price objective on George Weston from C$268.00 to C$296.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 7th. Finally, Desjardins lifted their target price on George Weston from C$251.00 to C$300.00 in a research report on Friday, May 9th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, George Weston currently has a consensus rating of "Moderate Buy" and an average target price of C$282.42.

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%.