FY2026 EPS Estimates for George Weston Reduced by Desjardins

Key Points

• Desjardins has revised its FY2026 earnings forecast for George Weston to $14.32 per share, down from $15.13, while maintaining a "Buy" rating and a price target of $305.00.
• Analysts from TD Securities and Scotiabank have upgraded their price targets for George Weston, with current targets ranging from C$285.00 to C$323.00 and a general consensus rating of "Moderate Buy."
• Insider trading activity has seen significant sales, with insiders offloading a total of 47,480 shares, valued at approximately $12.7 million, over the last quarter.

George Weston Limited (TSE:WN - Free Report) - Investment analysts at Desjardins dropped their FY2026 EPS estimates for George Weston in a report released on Tuesday, July 29th. Desjardins analyst C. Li now expects that the company will earn $14.32 per share for the year, down from their prior estimate of $15.13. Desjardins currently has a "Buy" rating and a $305.00 price target on the stock. The consensus estimate for George Weston's current full-year earnings is $13.02 per share.

Several other research firms have also issued reports on WN. TD Securities raised their target price on shares of George Weston from C$308.00 to C$313.00 and gave the stock a "buy" rating in a report on Monday, July 28th. CIBC raised their target price on shares of George Weston from C$268.00 to C$296.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. Royal Bank Of Canada raised their target price on shares of George Weston from C$316.00 to C$323.00 in a research report on Wednesday, July 30th. BMO Capital Markets raised their price target on shares of George Weston from C$271.00 to C$284.00 in a report on Wednesday, July 30th. Finally, Scotiabank raised their price target on shares of George Weston from C$241.00 to C$285.00 and gave the company a "sector perform" rating in a report on Wednesday, May 7th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, George Weston has a consensus rating of "Moderate Buy" and an average price target of C$301.00.

George Weston Price Performance

WN stock traded up C$4.74 during trading on Friday, hitting C$265.16. 77,464 shares of the company's stock traded hands, compared to its average volume of 133,311. The business has a fifty day simple moving average of C$268.39 and a 200 day simple moving average of C$250.89. The stock has a market capitalization of C$34.42 billion, a price-to-earnings ratio of 53.07, a P/E/G ratio of 5.03 and a beta of 0.42. The company has a debt-to-equity ratio of 372.50, a quick ratio of 0.73 and a current ratio of 1.32. George Weston has a 52 week low of C$204.47 and a 52 week high of C$280.86.

Insider Activity at George Weston

In other news, Senior Officer Richard Dufresne sold 5,329 shares of George Weston stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of C$277.47, for a total transaction of C$1,478,612.05. Also, Senior Officer Andrew Michael Bunston sold 2,151 shares of the business's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of C$277.71, for a total transaction of C$597,360.23. Over the last 90 days, insiders have sold 27,480 shares of company stock valued at $7,347,959. Company insiders own 59.41% of the company's stock.

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%.