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

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

WNGRF has been the subject of several research reports. Desjardins reiterated a “buy” rating on shares of George Weston in a report on Monday, November 17th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of George Weston in a research report on Monday, November 17th. BMO Capital Markets reissued a “market perform” rating on shares of George Weston in a research report on Monday, November 17th. CIBC restated an “outperform” rating on shares of George Weston in a research note on Monday, November 17th. Finally, Scotiabank reaffirmed a “sector perform” rating on shares of George Weston in a research note on Monday, November 17th.

George Weston Trading Down 3.2%

George Weston stock opened at $69.74 on Friday. George Weston has a 12 month low of $50.77 and a 12 month high of $72.21. The company has a quick ratio of 0.80, a current ratio of 1.42 and a debt-to-equity ratio of 1.20. The stock has a market cap of $26.47 billion, a P/E ratio of 25.73 and a beta of 0.56. The company’s fifty day simple moving average is $68.72 and its 200-day simple moving average is $65.01.

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

About George Weston

George Weston Limited (OTCMKTS:WNGRF) is a Canadian diversified food processing and distribution company with principal interests in grocery retail and baked goods. The company operates primarily through its controlling ownership of Loblaw Companies Limited, one of Canada’s largest food retailers, and through its Weston Foods bakery operations. Its business model spans product manufacturing, retailing, and associated services that support grocery operations and consumer packaged goods distribution.

Through its ownership stake in Loblaw, George Weston is connected to a wide array of retail banners, pharmacy operations and private-label brands that serve Canadian consumers, including national supermarket formats and in-store pharmacy and financial services.