George Weston (TSE:WN) had its price objective lowered by Royal Bank of Canada from C$142.00 to C$137.00 in a research report report published on Monday. Royal Bank of Canada currently has an outperform rating on the stock.
WN has been the subject of several other research reports. Barclays cut shares of George Weston from an equal weight rating to an underweight rating and lowered their price objective for the company from C$115.00 to C$114.00 in a research report on Thursday, November 16th. Scotiabank lowered their price objective on shares of George Weston from C$130.00 to C$115.00 and set a sector perform rating for the company in a research report on Wednesday, November 22nd. BMO Capital Markets restated an outperform rating and issued a C$129.00 price objective on shares of George Weston in a research report on Wednesday, November 22nd. Finally, CIBC lowered their price objective on shares of George Weston from C$123.00 to C$119.00 in a research report on Wednesday, November 22nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The stock presently has an average rating of Hold and an average price target of C$120.83.
Shares of George Weston (WN) opened at C$104.91 on Monday. The firm has a market cap of $13,410.00, a PE ratio of 17.69 and a beta of 0.33. George Weston has a 1 year low of C$102.05 and a 1 year high of C$125.67.
George Weston Limited is a holding company engaged in food processing and distribution business. The Company, through its two operating segments, Weston Foods and Loblaw, holds cash, short-term investments and a direct investment in Choice Properties Real Estate Investment Trust (Choice Properties). The Weston Foods operating segment includes a fresh bakery business in Canada, and frozen, artisan style bakery and biscuit businesses throughout North America.
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