George Weston Ltd. (OTCMKTS:WNGRF) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of George Weston Ltd. (OTCMKTS:WNGRF) have been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company.

A number of research analysts have issued reports on WNGRF shares. BMO Capital Markets reaffirmed a “market perform” rating on shares of George Weston in a report on Monday, November 17th. Desjardins reaffirmed a “buy” rating on shares of George Weston in a research note on Monday, November 17th. Royal Bank Of Canada reiterated an “outperform” rating on shares of George Weston in a report on Monday, November 17th. CIBC reiterated an “outperform” rating on shares of George Weston in a research report on Monday, November 17th. Finally, Scotiabank reissued a “sector perform” rating on shares of George Weston in a research report on Monday, November 17th.

George Weston Stock Performance

WNGRF stock opened at $68.40 on Tuesday. George Weston has a twelve month low of $49.82 and a twelve month high of $69.44. The firm has a market cap of $26.03 billion, a price-to-earnings ratio of 25.24 and a beta of 0.56. The business’s fifty day simple moving average is $67.10 and its two-hundred day simple moving average is $102.52. The company has a quick ratio of 0.80, a current ratio of 1.42 and a debt-to-equity ratio of 1.20.

George Weston (OTCMKTS:WNGRF) last issued its quarterly earnings data on Friday, November 14th. The company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.03. The company had revenue of $14.04 billion for the quarter, compared to analyst estimates of $16.95 billion. George Weston had a net margin of 2.37% and a return on equity of 13.21%.

About George Weston

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.