George Weston Limited (WN) Price Target Cut to C$119.00 by Analysts at CIBC
George Weston Limited (TSE:WN) had its target price decreased by CIBC from C$123.00 to C$119.00 in a report released on Wednesday. CIBC’s price target indicates a potential upside of 7.44% from the stock’s previous close.
Several other research analysts have also recently weighed in on the stock. BMO Capital Markets set a C$129.00 price target on shares of George Weston Limited and gave the stock an “outperform” rating in a report on Wednesday. Scotiabank cut shares of George Weston Limited from an “outperform” rating to a “sector perform” rating and cut their price target for the stock from C$130.00 to C$115.00 in a report on Wednesday. Royal Bank Of Canada cut their price target on shares of George Weston Limited from C$145.00 to C$144.00 and set an “outperform” rating on the stock in a report on Monday. Barclays PLC cut shares of George Weston Limited from an “equal weight” rating to an “underweight” rating and cut their price target for the stock from C$115.00 to C$114.00 in a report on Thursday, November 16th. Finally, George Weston Ltd. cut shares of George Weston Limited from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from C$131.04 to C$117.00 in a report on Monday, July 31st. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of C$122.83.
George Weston Limited (WN) traded down C$1.37 during trading on Wednesday, reaching C$110.76. 218,422 shares of the company traded hands, compared to its average volume of 130,809. George Weston Limited has a 1-year low of C$104.49 and a 1-year high of C$125.67.
COPYRIGHT VIOLATION NOTICE: This news story was published by American Banking News and is the property of of American Banking News. If you are viewing this news story on another website, it was illegally copied and republished in violation of U.S. & international copyright & trademark laws. The original version of this news story can be read at https://www.americanbankingnews.com/2017/11/22/george-weston-limited-wn-price-target-cut-to-c119-00-by-analysts-at-cibc.html.
George Weston Limited is a holding company engaged in food processing and distribution business. The Company, through its two operating segments, Weston Foods and Loblaw, holds cash, short-term investments and a direct investment in Choice Properties Real Estate Investment Trust (Choice Properties). The Weston Foods operating segment includes a fresh bakery business in Canada, and frozen, artisan style bakery and biscuit businesses throughout North America.
Receive News & Ratings for George Weston Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for George Weston Limited and related companies with MarketBeat.com's FREE daily email newsletter.