George Weston - WN Stock Forecast, Price & News

George Weston Limited provides food and drug retailing, and financial services in Canada and internationally. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy, health and beauty, apparel, general merchandise, and financial services. It operates retail drug stores under the Shoppers Drug Mart name. This segment also provides credit card services, insurance brokerage services, guaranteed investment certificates, and wireless mobile products and services. The Choice Properties segment owns, operates, and manages commercial, residential, tenant, industrial, and office properties. It provides products under the President's Choice, Life Brand, and Farmer's Market brands. The company was founded in 1882 and is based in Toronto, Canada. George Weston Limited is a subsidiary of Wittington Investments, Limited.

George Weston Stock Up 0.3 %

George Weston stock traded up C$0.51 during mid-day trading on Friday, hitting C$154.64. 53,851 shares of the company's stock were exchanged, compared to its average volume of 170,241. The company has a current ratio of 1.38, a quick ratio of 0.78 and a debt-to-equity ratio of 150.48. The stock has a market cap of C$22.38 billion and a P/E ratio of 13.88. George Weston has a 1-year low of C$128.11 and a 1-year high of C$162.51. The stock has a 50 day moving average of C$151.25 and a two-hundred day moving average of C$150.70.

George Weston (TSE:WN - Get Rating) last released its quarterly earnings results on Friday, July 29th. The company reported C$2.23 earnings per share (EPS) for the quarter. The firm had revenue of C$12.98 billion for the quarter. As a group, analysts anticipate that George Weston will post 10.84 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently weighed in on WN. Royal Bank of Canada lowered their price objective on George Weston from C$198.00 to C$197.00 and set an "outperform" rating for the company in a report on Wednesday, August 3rd. Scotiabank reduced their price objective on George Weston from C$177.00 to C$176.00 in a research report on Tuesday, August 2nd. Finally, CIBC upped their target price on George Weston from C$188.00 to C$193.00 in a research report on Tuesday, August 2nd.

Insider Activity at George Weston

In related news, Director Alannah Elizabeth Weston sold 7,300 shares of the stock in a transaction dated Thursday, June 16th. The shares were sold at an average price of C$144.79, for a total value of C$1,056,956.05. Following the completion of the transaction, the director now owns 44,965 shares of the company's stock, valued at C$6,510,414.90.