George Weston Limited (OTCMKTS:WNGRF) Receives Average Recommendation of “Buy” from Analysts

Shares of George Weston Limited (OTCMKTS:WNGRF) have earned a consensus recommendation of “Buy” from the six analysts that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $155.33.

A number of analysts recently weighed in on WNGRF shares. Desjardins upped their target price on shares of George Weston from C$141.00 to C$158.00 and gave the stock a “buy” rating in a research note on Friday, November 26th. TD Securities increased their price target on shares of George Weston from C$170.00 to C$175.00 in a research note on Friday, January 7th. Royal Bank of Canada increased their price target on shares of George Weston from C$154.00 to C$162.00 and gave the company an “outperform” rating in a research note on Friday, November 19th. Finally, BMO Capital Markets increased their price target on shares of George Weston from C$138.00 to C$150.00 and gave the company a “market perform” rating in a research note on Friday, November 19th.

Shares of WNGRF stock traded down $1.58 during trading hours on Friday, reaching $111.64. 203 shares of the stock were exchanged, compared to its average volume of 450. The business’s fifty day moving average is $111.95 and its two-hundred day moving average is $106.61. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.36 and a quick ratio of 0.87. George Weston has a 12-month low of $72.82 and a 12-month high of $116.51. The firm has a market capitalization of $16.43 billion, a P/E ratio of 47.71 and a beta of 0.52.

George Weston (OTCMKTS:WNGRF) last released its earnings results on Tuesday, November 23rd. The company reported $1.93 earnings per share for the quarter. George Weston had a net margin of 0.86% and a return on equity of 9.20%. The firm had revenue of $12.86 billion for the quarter.

About George Weston

George Weston Ltd. engages in the food processing and distribution of fresh and frozen baked goods. It operates through the following segments: Loblaw, Choice Properties, and Weston Foods. The Loblaw segment stands for Loblaw Companies Ltd., which engages in the retail of food and drugs and provision of financial services.

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Analyst Recommendations for George Weston (OTCMKTS:WNGRF)

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