George Weston (WN) PT Lowered to C$112.00

George Weston (TSE:WN) had its price objective cut by investment analysts at BMO Capital Markets from C$129.00 to C$112.00 in a report released on Wednesday. BMO Capital Markets’ target price would indicate a potential upside of 19.29% from the company’s previous close.

WN has been the subject of a number of other research reports. Royal Bank of Canada cut their price objective on George Weston from C$135.00 to C$123.00 and set an “outperform” rating for the company in a research report on Friday, November 2nd. CIBC increased their price objective on George Weston from C$115.00 to C$119.00 in a research report on Wednesday, August 1st. Finally, Barclays increased their price objective on George Weston from C$109.00 to C$116.00 in a research report on Monday, July 30th.

TSE WN traded up C$0.65 on Wednesday, reaching C$93.89. 240,594 shares of the stock traded hands, compared to its average volume of 159,679. George Weston has a 12 month low of C$89.02 and a 12 month high of C$113.70.

In other George Weston news, Director Robert Sawyer bought 2,000 shares of George Weston stock in a transaction dated Thursday, September 6th. The stock was bought at an average price of C$99.91 per share, for a total transaction of C$199,820.00. Insiders have bought a total of 2,250 shares of company stock valued at $224,475 in the last quarter.

About George Weston

George Weston Limited engages in the food processing and distribution business in Canada and internationally. The company's Weston Foods segment produces fresh, frozen, and specialty bakery products, such as breads, rolls, bagels, flatbreads, rye bread, tortillas, doughnuts, cakes, pies, cookies, crackers, and other baked goods through national and regional supermarkets, wholesale and club stores, dollar stores, convenience stores, food service distributors, and outlets.

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