George Weston Limited’s (WN) “Outperform” Rating Reiterated at Royal Bank Of Canada
Royal Bank Of Canada restated their outperform rating on shares of George Weston Limited (TSE:WN) in a report issued on Thursday, StockTargetPrices.com reports. Royal Bank Of Canada currently has a C$144.00 price objective on the stock.
Other research analysts also recently issued reports about the stock. CIBC boosted their price objective on shares of George Weston Limited from C$120.00 to C$122.00 in a research report on Tuesday, August 2nd. Scotiabank restated an outperform rating and set a C$122.00 price objective on shares of George Weston Limited in a research report on Friday, July 29th. RBC Capital Markets boosted their price objective on shares of George Weston Limited from C$135.00 to C$139.00 in a research report on Thursday, July 28th. Finally, BMO Capital Markets reiterated a market perform rating and set a C$115.00 price target on shares of George Weston Limited in a report on Wednesday, November 2nd. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of C$129.33.
George Weston Limited (TSE:WN) opened at 112.06 on Thursday. The company has a market capitalization of $14.30 billion and a price-to-earnings ratio of 25.76. The stock has a 50 day moving average price of $107.58 and a 200 day moving average price of $111.75. George Weston Limited has a 52-week low of $99.25 and a 52-week high of $120.10.
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George Weston Limited Company Profile
George Weston Ltd is a holding company that is engaged in food processing and distribution business. It operates through two segments: Weston Foods and Loblaw, and holds cash, short term investments and a direct investment in Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment, which is operated by Loblaw Companies Limited includes retail businesses, a bank and Choice Properties.
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