George Weston Ltd. (OTCMKTS:WNGRF) Receives Average Rating of “Moderate Buy” from Brokerages

George Weston Ltd. (OTCMKTS:WNGRF) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

A number of research analysts have commented on WNGRF shares. BMO Capital Markets reaffirmed a “market perform” rating on shares of George Weston in a research report on Monday, November 17th. CIBC reissued an “outperform” rating on shares of George Weston in a research note on Monday, November 17th. Royal Bank Of Canada restated an “outperform” rating on shares of George Weston in a report on Monday, November 17th. Desjardins reiterated a “buy” rating on shares of George Weston in a report on Monday, November 17th. Finally, Scotiabank reissued a “sector perform” rating on shares of George Weston in a research report on Monday, November 17th.

George Weston Price Performance

Shares of George Weston stock opened at $68.41 on Friday. The company’s fifty day simple moving average is $64.76 and its two-hundred day simple moving average is $116.72. George Weston has a 12-month low of $49.82 and a 12-month high of $69.00. The firm has a market cap of $26.12 billion, a PE ratio of 25.24 and a beta of 0.55. The company has a quick ratio of 0.80, a current ratio of 1.42 and a debt-to-equity ratio of 1.20.

George Weston (OTCMKTS:WNGRF) last issued its quarterly earnings data on Friday, November 14th. The company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.96 by $0.03. The firm had revenue of $14.04 billion during the quarter, compared to the consensus estimate of $16.95 billion. George Weston had a net margin of 2.37% and a return on equity of 13.21%.

About George Weston

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services.