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

George Weston Ltd. (OTCMKTS:WNGRF) has been given an average recommendation of “Moderate Buy” by the six brokerages that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.

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

George Weston Stock Performance

Shares of George Weston stock opened at $164,865.00 on Tuesday. George Weston has a one year low of $49.82 and a one year high of $164,865.00. The company has a market capitalization of $62.75 trillion, a PE ratio of 60,836.92 and a beta of 0.56. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.80 and a current ratio of 1.42. The company has a 50-day simple moving average of $3,363.29 and a two-hundred day simple moving average of $1,259.96.

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, topping analysts’ consensus estimates of $0.96 by $0.03. George Weston had a net margin of 2.37% and a return on equity of 13.21%. The firm had revenue of $14.04 billion for the quarter, compared to the consensus estimate of $16.95 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.