George Weston Limited (TSE:WN) Senior Officer Richard Dufresne Sells 10,000 Shares

George Weston Limited (TSE:WN) Senior Officer Richard Dufresne sold 10,000 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of C$230.80, for a total transaction of C$2,308,031.00.

Richard Dufresne also recently made the following trade(s):

• On Monday, December 2nd, Richard Dufresne sold 10,000 shares of George Weston stock. The stock was sold at an average price of C$224.95, for a total value of C$2,249,513.00.

George Weston Trading Up 1.6 %

Shares of TSE WN traded up C$3.57 during trading on Friday, reaching C$231.42. The company had a trading volume of 214,857 shares, compared to its average volume of 124,926. George Weston Limited has a 12 month low of C$174.30 and a 12 month high of C$239.79. The company’s fifty day moving average price is C$223.36 and its 200-day moving average price is C$223.33. The stock has a market cap of C$30.04 billion, a P/E ratio of 46.32, a PEG ratio of 5.03 and a beta of 0.42. The company has a quick ratio of 0.73, a current ratio of 1.32 and a debt-to-equity ratio of 372.50.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Scotiabank cut shares of George Weston from an “outperform” rating to a “sector perform” rating and lifted their price objective for the stock from C$240.00 to C$241.00 in a research report on Thursday. TD Securities increased their price target on shares of George Weston from C$242.00 to C$263.00 and gave the company a “buy” rating in a report on Monday, November 18th. Royal Bank of Canada reduced their price objective on George Weston from C$266.00 to C$264.00 and set an “outperform” rating for the company in a report on Thursday. CIBC dropped their price target on shares of George Weston from C$269.00 to C$268.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, BMO Capital Markets upped their price target on shares of George Weston from C$220.00 to C$221.50 in a report on Wednesday, November 20th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus 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%.