Insider Buying: George Weston Limited (TSE:WN) Senior Officer Acquires 1,000 Shares of Stock

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti acquired 1,000 shares of George Weston stock in a transaction that occurred on Friday, November 22nd. The stock was acquired at an average cost of C$21.45 per share, for a total transaction of C$21,450.00.

Rashid Wasti also recently made the following trade(s):

• On Tuesday, November 19th, Rashid Wasti bought 1,000 shares of George Weston stock. The shares were bought at an average cost of C$21.45 per share, for a total transaction of C$21,450.00.
• On Friday, October 4th, Rashid Wasti purchased 1,000 shares of George Weston stock. The stock was bought at an average price of C$22.18 per share, for a total transaction of C$22,180.00.
• On Friday, September 20th, Rashid Wasti acquired 1,000 shares of George Weston stock. The stock was bought at an average cost of C$20.54 per share, for a total transaction of C$20,539.00.
• On Tuesday, September 17th, Rashid Wasti bought 1,100 shares of George Weston stock. The shares were purchased at an average cost of C$21.99 per share, with a total value of C$24,189.99.
• On Monday, August 26th, Rashid Wasti purchased 2,000 shares of George Weston stock. The stock was purchased at an average price of C$21.67 per share, for a total transaction of C$43,340.00.
• On Wednesday, August 28th, Rashid Wasti sold 150 shares of George Weston stock. The stock was sold at an average price of C$222.51, for a total transaction of C$33,376.50.

George Weston Stock Performance

Shares of George Weston stock opened at C$218.89 on Friday. The business has a 50-day simple moving average of C$223.70 and a 200 day simple moving average of C$210.80. The firm has a market capitalization of C$28.92 billion, a price-to-earnings ratio of 24.65, a PEG ratio of 5.03 and a beta of 0.42. The company has a debt-to-equity ratio of 171.94, a current ratio of 1.35 and a quick ratio of 0.73. George Weston Limited has a one year low of C$155.49 and a one year high of C$236.30.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on WN. Scotiabank dropped their target price on shares of George Weston from C$222.00 to C$218.00 in a report on Wednesday. CIBC upped their target price on George Weston from C$254.00 to C$269.00 in a research report on Wednesday. BMO Capital Markets raised their target price on George Weston from C$220.00 to C$221.50 in a research note on Wednesday. Desjardins boosted their price target on George Weston from C$232.00 to C$255.00 in a research note on Wednesday. Finally, Royal Bank of Canada raised their price objective on shares of George Weston from C$230.00 to C$253.00 in a research report on Tuesday, November 12th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$246.58.

George Weston Company Profile

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.