George Weston (OTCMKTS:WNGRF) Downgraded by Scotiabank to Hold

George Weston (OTCMKTS:WNGRF) was downgraded by investment analysts at Scotiabank from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

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

George Weston Stock Performance

Shares of OTCMKTS WNGRF opened at $158.26 on Thursday. The firm has a 50 day moving average of $154.86 and a 200 day moving average of $159.30. The company has a current ratio of 1.32, a quick ratio of 0.77 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $20.54 billion, a price-to-earnings ratio of 48.10 and a beta of 0.57. George Weston has a 12-month low of $127.52 and a 12-month high of $167.55.

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.