George Weston Limited (TSE:WN) Senior Officer Rashid Wasti Sells 150 Shares

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti sold 150 shares of George Weston stock in a transaction on Thursday, December 5th. The shares were sold at an average price of C$235.45, for a total transaction of C$35,317.50.

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

• On Friday, November 22nd, Rashid Wasti bought 1,000 shares of George Weston stock. The stock was acquired at an average cost of C$21.45 per share, with a total value of C$21,450.00.
• On Tuesday, November 19th, Rashid Wasti acquired 1,000 shares of George Weston stock. The shares were bought 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 bought 1,000 shares of George Weston stock. The stock was bought at an average price of C$22.18 per share, for a total transaction of C$22,180.00.
• On Friday, September 20th, Rashid Wasti purchased 1,000 shares of George Weston stock. The shares were bought at an average price of C$20.54 per share, with a total value of C$20,539.00.
• On Tuesday, September 17th, Rashid Wasti acquired 1,100 shares of George Weston stock. The stock was purchased at an average price of C$21.99 per share, for a total transaction of C$24,189.99.

George Weston Price Performance

TSE WN traded down C$1.55 during mid-day trading on Friday, hitting C$234.44. The stock had a trading volume of 79,061 shares, compared to its average volume of 127,778. George Weston Limited has a 52-week low of C$155.49 and a 52-week high of C$237.52. The company has a market cap of C$30.98 billion, a price-to-earnings ratio of 26.40, a P/E/G ratio of 5.03 and a beta of 0.42. The company has a 50 day simple moving average of C$224.07 and a 200 day simple moving average of C$212.85. The company has a quick ratio of 0.73, a current ratio of 1.35 and a debt-to-equity ratio of 171.94.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Scotiabank reduced their target price on shares of George Weston from C$222.00 to C$218.00 in a research note on Wednesday, November 20th. BMO Capital Markets lifted their price objective on George Weston from C$220.00 to C$221.50 in a report on Wednesday, November 20th. Royal Bank of Canada increased their target price on George Weston from C$230.00 to C$253.00 in a research note on Tuesday, November 12th. Desjardins lifted their price target on George Weston from C$232.00 to C$255.00 in a research note on Wednesday, November 20th. Finally, CIBC increased their price objective on George Weston from C$254.00 to C$269.00 in a research report on Wednesday, November 20th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target 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.