George Weston Limited (TSE:WN) Senior Officer Richard Dufresne Sells 5,000 Shares

George Weston Limited (TSE:WN) Senior Officer Richard Dufresne sold 5,000 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of C$221.72, for a total transaction of C$1,108,589.00.

Richard Dufresne also recently made the following trade(s):

• On Thursday, September 12th, Richard Dufresne sold 4,400 shares of George Weston stock. The shares were sold at an average price of C$226.89, for a total value of C$998,326.12.
• On Monday, September 9th, Richard Dufresne sold 5,000 shares of George Weston stock. The stock was sold at an average price of C$221.48, for a total value of C$1,107,420.50.
• On Tuesday, September 3rd, Richard Dufresne sold 5,000 shares of George Weston stock. The shares were sold at an average price of C$218.51, for a total value of C$1,092,546.00.

George Weston Price Performance

Shares of WN opened at C$225.05 on Friday. George Weston Limited has a fifty-two week low of C$155.49 and a fifty-two week high of C$236.30. The firm’s 50-day simple moving average is C$223.39 and its two-hundred day simple moving average is C$211.96. The stock has a market cap of C$29.74 billion, a PE ratio of 25.34, a price-to-earnings-growth ratio of 5.03 and a beta of 0.42. The company has a debt-to-equity ratio of 171.94, a quick ratio of 0.73 and a current ratio of 1.35.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Royal Bank of Canada upped their price target on shares of George Weston from C$230.00 to C$253.00 in a report on Tuesday, November 12th. TD Securities upped their price objective on shares of George Weston from C$242.00 to C$263.00 and gave the company a “buy” rating in a research note on Monday, November 18th. CIBC raised their target price on George Weston from C$254.00 to C$269.00 in a research note on Wednesday, November 20th. Desjardins upped their price target on George Weston from C$232.00 to C$255.00 in a research report on Wednesday, November 20th. Finally, Scotiabank cut their price objective on George Weston from C$222.00 to C$218.00 in a research report on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, George Weston presently has an average rating of “Moderate Buy” and an average target price of C$246.58.

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.