George Weston (WN) Stock Rating Reaffirmed by BMO Capital Markets

BMO Capital Markets reiterated their outperform rating on shares of George Weston (TSE:WN) in a report issued on Wednesday morning. The brokerage currently has a C$112.00 price objective on the stock.

Several other equities analysts have also commented on WN. Barclays decreased their price target on George Weston from C$113.00 to C$96.00 in a research note on Wednesday. CIBC decreased their price target on George Weston from C$114.00 to C$107.00 in a research note on Wednesday. Finally, Royal Bank of Canada upped their price target on George Weston from C$123.00 to C$125.00 and gave the company an outperform rating in a research note on Friday, November 16th.

Shares of George Weston stock opened at C$95.00 on Wednesday. George Weston has a 52 week low of C$89.02 and a 52 week 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.

In other George Weston news, insider Rashid Wasti purchased 600 shares of the firm’s stock in a transaction dated Thursday, November 22nd. The shares were acquired at an average price of C$94.03 per share, with a total value of C$56,418.00. Also, Director Robert Sawyer purchased 2,000 shares of the firm’s stock in a transaction dated Thursday, September 6th. The stock was acquired at an average cost of C$99.91 per share, for a total transaction of C$199,820.00. In the last ninety days, insiders bought 2,850 shares of company stock worth $280,893.

George Weston Company Profile

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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