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

Shares of George Weston Ltd. (OTCMKTS:WNGRF) have received a consensus rating of “Moderate Buy” from the six research firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company.

Separately, BMO Capital Markets raised George Weston from a “market perform” rating to an “outperform” rating in a report on Monday.

George Weston Stock Performance

WNGRF stock opened at $72.80 on Monday. The stock has a market capitalization of $27.31 billion, a PE ratio of 35.01 and a beta of 0.47. George Weston has a 12-month low of $60.17 and a 12-month high of $75.92. The company has a current ratio of 1.11, a quick ratio of 0.64 and a debt-to-equity ratio of 1.06. The stock’s 50 day simple moving average is $71.39 and its 200 day simple moving average is $70.99.

George Weston (OTCMKTS:WNGRF) last issued its earnings results on Tuesday, May 12th. The company reported $0.63 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.07). The business had revenue of $10.52 billion for the quarter, compared to analysts’ expectations of $10.53 billion. George Weston had a net margin of 1.74% and a return on equity of 13.95%.

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.