George Weston Limited (WN) Insider Purchases C$56,418.00 in Stock

George Weston Limited (TSE:WN) insider Rashid Wasti purchased 600 shares of the business’s stock in a transaction on Thursday, November 22nd. The stock was purchased at an average cost of C$94.03 per share, for a total transaction of C$56,418.00.

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

  • On Tuesday, September 11th, Rashid Wasti purchased 150 shares of George Weston stock. The stock was purchased at an average cost of C$98.64 per share, for a total transaction of C$14,796.00.
  • On Friday, September 7th, Rashid Wasti purchased 100 shares of George Weston stock. The stock was purchased at an average cost of C$98.59 per share, for a total transaction of C$9,859.00.

TSE:WN opened at C$95.00 on Friday. George Weston Limited has a 12 month low of C$89.02 and a 12 month high of C$112.08. The company has a current ratio of 1.15, a quick ratio of 0.66 and a debt-to-equity ratio of 119.84.

A number of brokerages have issued reports on WN. BMO Capital Markets reissued an “outperform” rating and issued a C$112.00 price target on shares of George Weston in a report on Wednesday. Barclays dropped their target price on shares of George Weston from C$113.00 to C$96.00 in a research report on Wednesday. CIBC dropped their target price on shares of George Weston from C$114.00 to C$107.00 in a research report on Wednesday. Finally, Royal Bank of Canada raised their target price on shares of George Weston from C$123.00 to C$125.00 and gave the stock an “outperform” rating in a research report on Friday, November 16th.

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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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