George Weston Limited (WN) Given Outperform Rating at Scotiabank
Several other equities research analysts also recently issued reports on WN. Royal Bank Of Canada boosted their price objective on shares of George Weston Limited from C$135.00 to C$139.00 in a research note on Thursday, July 28th. CIBC boosted their price objective on shares of George Weston Limited from C$120.00 to C$122.00 in a research note on Tuesday, August 2nd. RBC Capital Markets boosted their price objective on shares of George Weston Limited from C$135.00 to C$139.00 in a research note on Thursday, July 28th. Finally, BMO Capital Markets reiterated a market perform rating and set a C$115.00 price objective on shares of George Weston Limited in a research note on Wednesday, November 2nd. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of Buy and a consensus target price of C$129.00.
Shares of George Weston Limited (TSE:WN) opened at 110.33 on Tuesday. The firm’s 50-day moving average is $107.32 and its 200-day moving average is $111.76. The firm has a market capitalization of $14.08 billion and a price-to-earnings ratio of 31.31. George Weston Limited has a 12-month low of $99.25 and a 12-month high of $120.10.
George Weston Limited Company Profile
George Weston Ltd is a holding company that is engaged in food processing and distribution business. It operates through two segments: Weston Foods and Loblaw, and holds cash, short term investments and a direct investment in Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment, which is operated by Loblaw Companies Limited includes retail businesses, a bank and Choice Properties.
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