George Weston (OTCMKTS:WNGRF) Upgraded by Scotiabank to “Strong-Buy” Rating

Scotiabank upgraded shares of George Weston (OTCMKTS:WNGRFFree Report) from a hold rating to a strong-buy rating in a report issued on Wednesday,Zacks.com reports.

Separately, Cibc World Mkts upgraded shares of George Weston to a “strong-buy” rating in a report on Wednesday, November 20th.

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George Weston Trading Down 1.7 %

WNGRF opened at $153.47 on Wednesday. The firm’s 50 day moving average is $160.27 and its 200-day moving average is $158.35. George Weston has a 52-week low of $124.99 and a 52-week high of $167.55. The company has a quick ratio of 0.72, a current ratio of 1.32 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $19.98 billion, a P/E ratio of 46.65 and a beta of 0.57.

About George Weston

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George Weston Limited provides food and drug retailing, and financial services in Canada. 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 and healthcare services, health and beauty products, apparel, general merchandise, and financial services.

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