George Weston Limited (WN) Given New C$124.00 Price Target at CIBC
WN has been the subject of several other reports. BMO Capital Markets restated a market perform rating and set a C$115.00 target price on shares of George Weston Limited in a research note on Wednesday, November 2nd. Scotiabank restated an outperform rating and set a C$127.00 target price on shares of George Weston Limited in a research note on Tuesday. Royal Bank Of Canada raised their target price on George Weston Limited from C$140.00 to C$144.00 and gave the company an outperform rating in a research note on Friday, November 18th. Finally, RBC Capital Markets raised their target price on George Weston Limited from C$135.00 to C$139.00 in a research note on Thursday, July 28th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of C$129.33.
Shares of George Weston Limited (TSE:WN) opened at 110.54 on Wednesday. The firm’s 50-day moving average price is $107.38 and its 200 day moving average price is $111.75. George Weston Limited has a 1-year low of $99.25 and a 1-year high of $120.10. The stock has a market capitalization of $14.11 billion and a P/E ratio of 31.37.
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About George Weston Limited
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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