George Weston Limited (TSE:WN) Senior Officer Buys C$21,450.00 in Stock

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti purchased 1,000 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were acquired at an average cost of C$21.45 per share, with a total value of C$21,450.00.

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

• On Tuesday, November 19th, Rashid Wasti bought 1,000 shares of George Weston stock. The shares were acquired at an average cost of C$21.45 per share, with a total value of C$21,450.00.
• On Friday, October 4th, Rashid Wasti purchased 1,000 shares of George Weston stock. The stock was bought at an average cost of C$22.18 per share, for a total transaction of C$22,180.00.
• On Friday, September 20th, Rashid Wasti acquired 1,000 shares of George Weston stock. The shares were bought at an average cost of C$20.54 per share, with a total value of C$20,539.00.
• On Tuesday, September 17th, Rashid Wasti bought 1,100 shares of George Weston stock. The stock was bought at an average cost of C$21.99 per share, for a total transaction of C$24,189.99.
• On Monday, August 26th, Rashid Wasti bought 2,000 shares of George Weston stock. The stock was bought at an average cost of C$21.67 per share, for a total transaction of C$43,340.00.
• On Wednesday, August 28th, Rashid Wasti sold 150 shares of George Weston stock. The stock was sold at an average price of C$222.51, for a total transaction of C$33,376.50.

George Weston Stock Performance

Shares of WN traded up C$0.34 during trading hours on Friday, hitting C$219.42. The stock had a trading volume of 72,551 shares, compared to its average volume of 127,647. The firm has a market capitalization of C$28.99 billion, a PE ratio of 24.67, a PEG ratio of 5.03 and a beta of 0.42. The company has a debt-to-equity ratio of 171.94, a current ratio of 1.35 and a quick ratio of 0.73. George Weston Limited has a 12 month low of C$155.49 and a 12 month high of C$236.30. The stock has a fifty day moving average price of C$223.76 and a 200 day moving average price of C$210.57.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. CIBC upped their target price on shares of George Weston from C$254.00 to C$269.00 in a research note on Wednesday. Royal Bank of Canada upped their price objective on George Weston from C$230.00 to C$253.00 in a research report on Tuesday, November 12th. TD Securities lifted their target price on George Weston from C$242.00 to C$263.00 and gave the stock a “buy” rating in a report on Monday. Scotiabank lowered their price target on George Weston from C$222.00 to C$218.00 in a report on Wednesday. Finally, BMO Capital Markets lifted their price objective on George Weston from C$220.00 to C$221.50 in a report on Wednesday. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$246.58.

About George Weston

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.