George Weston Limited (TSE:WN) Senior Officer Rashid Wasti Sells 250 Shares of Stock

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti sold 250 shares of the company’s stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of C$238.75, for a total value of C$59,687.50.

Rashid Wasti also recently made the following trade(s):

• On Tuesday, March 4th, Rashid Wasti purchased 1,000 shares of George Weston stock. The shares were bought at an average cost of C$24.60 per share, for a total transaction of C$24,600.00.
• On Friday, February 28th, Rashid Wasti sold 250 shares of George Weston stock. The stock was sold at an average price of C$231.30, for a total value of C$57,825.00.

George Weston Stock Up 0.0 %

Shares of WN opened at C$238.05 on Friday. George Weston Limited has a 52 week low of C$174.30 and a 52 week high of C$239.79. The stock has a market capitalization of C$30.90 billion, a price-to-earnings ratio of 47.65, a PEG 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. The stock has a fifty day moving average of C$224.12 and a 200-day moving average of C$224.27.

Analyst Upgrades and Downgrades

WN has been the topic of a number of analyst reports. Desjardins reduced their price target on George Weston from C$255.00 to C$251.00 and set a “buy” rating on the stock in a research report on Thursday, February 27th. TD Securities increased their price target on George Weston from C$242.00 to C$263.00 and gave the stock a “buy” rating in a research report on Monday, November 18th. BMO Capital Markets upped their target price on George Weston from C$220.00 to C$221.50 in a research note on Wednesday, November 20th. Scotiabank cut George Weston from an “outperform” rating to a “sector perform” rating and upped their target price for the stock from C$240.00 to C$241.00 in a research note on Thursday, February 27th. Finally, Royal Bank of Canada cut their target price on George Weston from C$266.00 to C$264.00 and set an “outperform” rating for the company in a research note on Thursday, February 27th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$251.42.

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%.