George Weston (TSE:WN) Price Target Increased to C$215.00 by Analysts at Royal Bank of Canada

George Weston (TSE:WN – Get Rating) had its target price boosted by Royal Bank of Canada from C$204.00 to C$215.00 in a report published on Tuesday, BayStreet.CA reports. They currently have an outperform rating on the stock.

WN has been the topic of several other reports. Desjardins downgraded shares of George Weston from a buy rating to a hold rating in a research report on Wednesday, November 23rd. CIBC boosted their price target on shares of George Weston from C$193.00 to C$204.00 and gave the stock an outperform rating in a research report on Wednesday, November 23rd. Scotiabank upped their target price on shares of George Weston from C$168.00 to C$175.00 in a report on Wednesday, November 23rd. BMO Capital Markets increased their price target on shares of George Weston from C$166.00 to C$172.00 in a research report on Wednesday, November 23rd. Finally, TD Securities increased their price objective on shares of George Weston from C$190.00 to C$200.00 and gave the stock a buy rating in a research report on Monday. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of Moderate Buy and a consensus price target of C$193.20.

George Weston Trading Up 0.5 %

Shares of TSE WN opened at C$170.95 on Tuesday. George Weston has a 52-week low of C$135.19 and a 52-week high of C$181.45. The stock has a market capitalization of C$24.33 billion, a P/E ratio of 10.90, a PEG ratio of 3.08 and a beta of 0.39. The stock’s 50 day moving average price is C$170.80 and its two-hundred day moving average price is C$160.77. The company has a quick ratio of 0.73, a current ratio of 1.37 and a debt-to-equity ratio of 148.91.

George Weston Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 15th. Stockholders of record on Tuesday, February 28th will be issued a dividend of $0.363 per share. This represents a $1.45 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date of this dividend is Monday, February 27th. George Weston’s payout ratio is presently 16.83%.

George Weston Company Profile

(Get Rating)

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.