George Weston (OTCMKTS:WNGRF) Price Target Increased to C$166.00 by Analysts at BMO Capital Markets

George Weston (OTCMKTS:WNGRF – Get Rating) had its price target increased by BMO Capital Markets from C$162.00 to C$166.00 in a report released on Monday, The Fly reports.

Several other research firms have also recently commented on WNGRF. Scotiabank boosted their price target on George Weston from C$174.00 to C$177.00 in a research note on Thursday, May 12th. Desjardins increased their target price on shares of George Weston from C$167.00 to C$173.00 in a research report on Wednesday, May 18th. Finally, Royal Bank of Canada raised their price target on shares of George Weston from C$179.00 to C$198.00 in a research note on Thursday, July 28th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of Moderate Buy and an average target price of $178.33.

George Weston Price Performance

Shares of OTCMKTS:WNGRF opened at $121.81 on Monday. The firm’s 50 day moving average price is $117.96 and its 200-day moving average price is $117.60. George Weston has a twelve month low of $101.01 and a twelve month high of $127.97. The company has a quick ratio of 0.95, a current ratio of 1.47 and a debt-to-equity ratio of 0.92. The stock has a market capitalization of $17.69 billion, a PE ratio of 17.13 and a beta of 0.53.

George Weston (OTCMKTS:WNGRF – Get Rating) last issued its earnings results on Tuesday, May 10th. The company reported $1.50 earnings per share (EPS) for the quarter. The company had revenue of $9.80 billion during the quarter. George Weston had a return on equity of 10.30% and a net margin of 2.53%.

George Weston Company Profile

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George Weston Limited provides food and drug retailing, and financial services in Canada and internationally. 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, health and beauty, apparel, general merchandise, and financial services.

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