George Weston (TSE:WN) Price Target Raised to C$112.00

George Weston (TSE:WN) had its price target boosted by CIBC from C$100.00 to C$112.00 in a research note issued to investors on Monday,BayStreet.CA reports.

Other equities analysts have also issued reports about the stock. Royal Bank Of Canada upped their price objective on shares of George Weston from C$105.33 to C$107.67 in a report on Wednesday, July 30th. TD Securities boosted their price target on shares of George Weston from C$105.00 to C$108.00 in a research note on Thursday, November 13th. Desjardins raised their price objective on shares of George Weston from C$100.00 to C$101.67 and gave the company a “buy” rating in a research note on Wednesday, July 30th. Scotiabank lifted their price objective on shares of George Weston from C$95.00 to C$99.00 and gave the company a “sector perform” rating in a report on Thursday, August 21st. Finally, BMO Capital Markets upped their target price on shares of George Weston from C$90.33 to C$94.67 in a research note on Wednesday, July 30th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$104.39.

George Weston Trading Up 0.8%

Shares of TSE:WN opened at C$94.51 on Monday. The firm has a market capitalization of C$36.38 billion, a P/E ratio of 36.92, a P/E/G ratio of 5.03 and a beta of 0.47. The company has a debt-to-equity ratio of 372.50, a current ratio of 1.32 and a quick ratio of 0.73. The business’s 50-day moving average is C$86.62 and its 200 day moving average is C$88.17. George Weston has a 1 year low of C$71.20 and a 1 year high of C$94.63.

George Weston (TSE:WN) last announced its quarterly earnings results on Friday, November 14th. The company reported C$1.37 earnings per share for the quarter. George Weston had a return on equity of 10.33% and a net margin of 1.07%.The company had revenue of C$19.55 billion during the quarter. On average, research analysts predict that George Weston will post 13.0245758 earnings per share for the current fiscal year.

George Weston Company Profile

George Weston is a holding company that operates through two subsidiaries encompassing retail and real estate. The first is Loblaw, the largest grocer in Canada, in which it has a 53% controlling stake. The second is Choice Properties, an open-ended real estate investment trust, where George Weston’s ownership sits close to 62%.