George Weston Ltd. (OTCMKTS:WNGRF) Receives Average Recommendation of “Moderate Buy” from Analysts

George Weston Ltd. (OTCMKTS:WNGRF) has received an average rating of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

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

George Weston Price Performance

Shares of WNGRF stock opened at $68.40 on Tuesday. George Weston has a one year low of $49.82 and a one year high of $69.44. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.42 and a quick ratio of 0.80. The stock’s fifty day simple moving average is $67.21 and its 200 day simple moving average is $100.98. The firm has a market cap of $26.03 billion, a price-to-earnings ratio of 25.24 and a beta of 0.56.

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

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.