George Weston Ltd. (OTCMKTS:WNGRF – Get Free Report)’s share price reached a new 52-week high on Wednesday. The company traded as high as $79.81 and last traded at $79.81, with a volume of 200 shares trading hands. The stock had previously closed at $75.51.
Analysts Set New Price Targets
WNGRF has been the subject of several research analyst reports. Canadian Imperial Bank of Commerce started coverage on shares of George Weston in a research note on Thursday, October 22nd. They set an “outperform” rating for the company. BMO Capital Markets reiterated an “outperform” rating on shares of George Weston in a research note on Monday, August 3rd. Finally, Scotiabank reissued a “sector perform” rating on shares of George Weston in a report on Wednesday, August 5th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, George Weston currently has a consensus rating of “Moderate Buy”.
View Our Latest Stock Report on George Weston
George Weston Stock Performance
The company has a debt-to-equity ratio of 1.01, a current ratio of 1.05 and a quick ratio of 0.60. The firm has a market capitalization of $28.82 billion, a PE ratio of 41.70 and a beta of 0.47. The company’s fifty day simple moving average is $72.83 and its 200 day simple moving average is $71.86.
George Weston Company Profile
George Weston Limited (OTCMKTS:WNGRF) is a Canadian holding and operating company with a long history in the food retail, pharmacy, and real estate sectors. Founded in 1882 by George Weston as a bakery business, the company expanded over time through acquisitions and the development of consumer brands and retail operations.
George Weston’s principal business interests are its ownership stakes in Loblaw Companies Limited and Choice Properties Real Estate Investment Trust. Loblaw operates supermarkets, pharmacies, and other retail businesses across Canada through banners that include Loblaws, Real Canadian Superstore, No Frills, Shoppers Drug Mart, and Pharmaprix.
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