George Weston Limited (TSE:WN - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$85.16 and traded as high as C$88.17. George Weston shares last traded at C$87.58, with a volume of 1,726,695 shares trading hands.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on the company. Royal Bank Of Canada boosted their target price on George Weston from C$105.33 to C$107.67 in a report on Wednesday, July 30th. Scotiabank boosted their target price on George Weston from C$95.00 to C$99.00 and gave the company a "sector perform" rating in a report on Thursday, August 21st. BMO Capital Markets boosted their target price on George Weston from C$90.33 to C$94.67 in a report on Wednesday, July 30th. CIBC boosted their target price on George Weston from C$89.33 to C$98.67 and gave the company an "outperform" rating in a report on Wednesday, May 7th. Finally, Desjardins boosted their target price on George Weston from C$100.00 to C$101.67 and gave the company a "buy" rating in a report on Wednesday, July 30th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, George Weston currently has an average rating of "Moderate Buy" and a consensus target price of C$101.00.
Read Our Latest Stock Report on WN
George Weston Stock Performance
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 stock has a market capitalization of C$34.05 billion, a PE ratio of 34.55, a P/E/G ratio of 5.03 and a beta of 0.58. The stock has a 50 day moving average of C$88.85 and a two-hundred day moving average of C$85.44.
George Weston Company Profile
(
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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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