George Weston Limited (TSE:WN) Receives C$111.00 Consensus PT from Analysts

Shares of George Weston Limited (TSE:WN) have received a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is C$111.00.

Several equities research analysts have issued reports on the stock. Canadian Imperial Bank of Commerce lowered their price target on shares of George Weston from C$127.00 to C$117.00 in a report on Wednesday, May 13th. Scotia decreased their price target on shares of George Weston from C$106.00 to C$102.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 13th. Finally, BMO Capital Markets raised shares of George Weston from a “hold” rating to an “outperform” rating and raised their price target for the company from C$103.00 to C$113.00 in a report on Monday, July 20th.

George Weston Stock Performance

WN opened at C$103.91 on Monday. George Weston has a fifty-two week low of C$82.77 and a fifty-two week high of C$106.99. The business has a fifty day simple moving average of C$100.94 and a 200-day simple moving average of C$98.84. The firm has a market cap of C$39.18 billion, a PE ratio of 36.33, a P/E/G ratio of 5.03 and a beta of 0.31. The company has a quick ratio of 0.73, a current ratio of 1.11 and a debt-to-equity ratio of 411.08.

George Weston (TSE:WN) last announced its quarterly earnings data on Tuesday, May 12th. The company reported C$0.91 earnings per share (EPS) for the quarter. The firm had revenue of C$14.64 billion during the quarter. George Weston had a return on equity of 21.74% and a net margin of 1.80%. As a group, equities analysts predict that George Weston will post 13.0245758 EPS for the current fiscal year.

About George Weston

George Weston is a holding company that operates through two subsidiaries encompassing retail and real estate. The first is Loblaw, the largest grocer in Canada, in which it has a 53% controlling stake. The second is Choice Properties, an open-ended real estate investment trust, where George Weston’s ownership sits close to 62%. The company sold Weston Foods, a North American bakery, in early 2022, which the firm had previously wholly owned. While the two remaining entities are separate, they operate under a contractual, as well as tacit, framework of strategic business partnerships.