George Weston Limited (TSE:WN) Senior Officer Sells C$179,925.00 in Stock

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti sold 750 shares of the stock in a transaction dated Monday, March 10th. The stock was sold at an average price of C$239.90, for a total transaction of C$179,925.00.

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

• On Tuesday, March 4th, Rashid Wasti bought 1,000 shares of George Weston stock. The shares were purchased at an average cost of C$24.60 per share, for a total transaction of C$24,600.00.
• On Friday, March 7th, Rashid Wasti sold 250 shares of George Weston stock. The shares were sold at an average price of C$238.75, for a total transaction of C$59,687.50.
• 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 Price Performance

Shares of George Weston stock opened at C$230.72 on Wednesday. The stock has a market capitalization of C$29.95 billion, a P/E ratio of 46.18, a price-to-earnings-growth ratio of 5.03 and a beta of 0.42. George Weston Limited has a one year low of C$174.30 and a one year high of C$240.43. 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 business’s 50 day simple moving average is C$224.54 and its two-hundred day simple moving average is C$224.52.

Analysts Set New Price Targets

Several equities research analysts have issued reports on WN shares. BMO Capital Markets lifted their target price on shares of George Weston from C$220.00 to C$221.50 in a research report on Wednesday, November 20th. Desjardins reduced their target price on George Weston from C$255.00 to C$251.00 and set a “buy” rating on the stock in a research note on Thursday, February 27th. TD Securities upped their price objective on George Weston from C$242.00 to C$263.00 and gave the stock a “buy” rating in a report on Monday, November 18th. Scotiabank cut George Weston from an “outperform” rating to a “sector perform” rating and raised their price objective for the company from C$240.00 to C$241.00 in a report on Thursday, February 27th. Finally, CIBC reduced their price target on shares of George Weston from C$269.00 to C$268.00 and set an “outperform” rating on the stock in a research report on Thursday, February 27th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, George Weston currently has an average rating of “Moderate Buy” and an average target price of C$251.42.

George Weston Company Profile

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%.