George Weston Limited (TSE:WN) Director Sells C$1,715,131.20 in Stock

George Weston Limited (TSE:WN) Director Willard Galen Garfield Weston sold 7,248 shares of the firm’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of C$236.64, for a total value of C$1,715,131.20.

Willard Galen Garfield Weston also recently made the following trade(s):

• On Wednesday, March 5th, Willard Galen Garfield Weston sold 57,463 shares of George Weston stock. The stock was sold at an average price of C$231.03, for a total transaction of C$13,275,441.29.

George Weston Price Performance

TSE:WN traded down C$6.79 during midday trading on Tuesday, hitting C$230.72. 152,648 shares of the stock were exchanged, compared to its average volume of 133,706. The company has a market capitalization of C$29.95 billion, a price-to-earnings ratio of 46.18, a P/E/G ratio of 5.03 and a beta of 0.42. The company has a current ratio of 1.32, a quick ratio of 0.73 and a debt-to-equity ratio of 372.50. George Weston Limited has a one year low of C$174.30 and a one year high of C$240.43. The business has a 50-day moving average price of C$224.40 and a two-hundred day moving average price of C$224.41.

Analysts Set New Price Targets

Several research firms have commented on WN. BMO Capital Markets upped their target price on shares of George Weston from C$220.00 to C$221.50 in a research report on Wednesday, November 20th. TD Securities increased their price objective on George Weston from C$242.00 to C$263.00 and gave the stock a “buy” rating in a report on Monday, November 18th. Scotiabank downgraded George Weston from an “outperform” rating to a “sector perform” rating and lifted their target price for the company from C$240.00 to C$241.00 in a research note on Thursday, February 27th. Royal Bank of Canada reduced their price target on George Weston from C$266.00 to C$264.00 and set an “outperform” rating for the company in a research report on Thursday, February 27th. Finally, CIBC lowered their price target on George Weston from C$269.00 to C$268.00 and set an “outperform” rating on the stock in a report on Thursday, February 27th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$251.42.

About George Weston

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%.