Brokers Issue Forecasts for George Weston FY2026 Earnings

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) - Research analysts at Desjardins dropped their FY2026 earnings per share estimates for shares of George Weston in a research note issued on Tuesday, July 29th. Desjardins analyst C. Li now forecasts that the company will post earnings of $14.32 per share for the year, down from their previous estimate of $15.13. Desjardins 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 brokerages have also weighed in on WN. TD Securities upped their price objective on George Weston from C$308.00 to C$313.00 and gave the company a "buy" rating in a report on Monday. Scotiabank upped their price objective on 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. BMO Capital Markets upped their target price on George Weston from C$271.00 to C$284.00 in a report on Wednesday. CIBC upped their target price on George Weston from C$268.00 to C$296.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. Finally, Royal Bank Of Canada upped their target price on George Weston from C$316.00 to C$323.00 in a report on Wednesday. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of C$301.00.

George Weston Price Performance

Shares of TSE WN opened at C$263.29 on Friday. George Weston has a twelve month low of C$204.47 and a twelve month high of C$280.86. 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 market capitalization of C$34.18 billion, a price-to-earnings ratio of 52.70, a price-to-earnings-growth ratio of 5.03 and a beta of 0.42. The business has a 50 day simple moving average of C$268.79 and a 200-day simple moving average of C$249.80.

Insider Activity at George Weston

In other George Weston news, Senior Officer Andrew Michael Bunston sold 2,151 shares of the company's stock in a transaction 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. Also, Senior Officer Richard Dufresne sold 20,000 shares of George Weston stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of C$267.91, for a total value of C$5,358,136.00. Insiders have sold a total of 47,480 shares of company stock valued at $12,706,095 over the last quarter. 59.41% of the stock is currently owned by corporate insiders.

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%.

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