George Weston (OTCMKTS:WNGRF) Stock Price Crosses Above Fifty Day Moving Average of $124.93

George Weston Limited (OTCMKTS:WNGRF – Get Rating)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $124.93 and traded as high as $128.78. George Weston shares last traded at $128.78, with a volume of 200 shares.

Analysts Set New Price Targets

WNGRF has been the subject of several analyst reports. Royal Bank of Canada lifted their price target on shares of George Weston from C$197.00 to C$203.00 in a research report on Friday, November 18th. Scotiabank lifted their price target on shares of George Weston from C$168.00 to C$175.00 in a research report on Wednesday, November 23rd. Desjardins cut shares of George Weston from a “buy” rating to a “hold” rating in a research report on Wednesday, November 23rd. Finally, BMO Capital Markets lifted their price target on shares of George Weston from C$166.00 to C$172.00 in a research report on Wednesday, November 23rd.

George Weston Stock Up 0.8 %

The firm’s 50 day moving average is $124.93 and its two-hundred day moving average is $117.87. The firm has a market cap of $18.12 billion, a P/E ratio of 11.53 and a beta of 0.56. The company has a current ratio of 1.37, a quick ratio of 0.81 and a debt-to-equity ratio of 0.97.

George Weston (OTCMKTS:WNGRF – Get Rating) last released its quarterly earnings data on Tuesday, November 22nd. The company reported $2.39 earnings per share for the quarter. George Weston had a net margin of 3.83% and a return on equity of 10.90%. The business had revenue of $13.43 billion for the quarter.

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.