George Weston Ltd. (OTCMKTS:WNGRF) Receives Average Rating of “Moderate Buy” from Analysts

Shares of George Weston Ltd. (OTCMKTS:WNGRF) have received an average recommendation of “Moderate Buy” from the six brokerages that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company.

Separately, BMO Capital Markets raised George Weston from a “market perform” rating to an “outperform” rating in a research report on Monday.

George Weston Price Performance

Shares of OTCMKTS WNGRF opened at $72.80 on Monday. The stock has a market capitalization of $27.24 billion, a price-to-earnings ratio of 35.01 and a beta of 0.47. The business has a 50-day moving average of $71.69 and a 200-day moving average of $71.13. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.11 and a quick ratio of 0.64. George Weston has a fifty-two week low of $60.17 and a fifty-two week high of $75.92.

George Weston (OTCMKTS:WNGRF) last released its earnings results on Tuesday, May 12th. The company reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.07). George Weston had a return on equity of 13.95% and a net margin of 1.74%.The company had revenue of $10.52 billion for the quarter, compared to the consensus estimate of $10.53 billion.

George Weston Company Profile

George Weston Limited (OTCMKTS:WNGRF) is a Canadian diversified food processing and distribution company with principal interests in grocery retail and baked goods. The company operates primarily through its controlling ownership of Loblaw Companies Limited, one of Canada’s largest food retailers, and through its Weston Foods bakery operations. Its business model spans product manufacturing, retailing, and associated services that support grocery operations and consumer packaged goods distribution.

Through its ownership stake in Loblaw, George Weston is connected to a wide array of retail banners, pharmacy operations and private-label brands that serve Canadian consumers, including national supermarket formats and in-store pharmacy and financial services.