In a new note to investors on February 26, an analyst has provided a rating update for the Services sector company, Weston George (WN). On February 26, analyst Peter Sklar gave a Buy rating to WN and set a C$106 price target.
According to TipRanks.com, Sklar is a 4-star analyst with an average return of 5.6% and a 51.5% success rate. Sklar covers the Services sector, focusing on stocks such as Restaurant Brands International, Loblaw Companies Limited, and Canadian Tire Corp Ltd.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Weston George with a C$109.25 average price target, which is a 17.4% upside from current levels. In a report issued on February 26, RBC Capital also reiterated a Buy rating on the stock with a C$121 price target.
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Weston George’s market cap is currently C$11.85B and has a P/E ratio of 42.5. The company has a Price to Book ratio of 1.71.
George Weston Ltd. engages in the food processing and distribution of fresh and frozen baked goods and other foods. It operates through the following segments: Weston Foods, Loblaw, and Other and Intersegment.
The company’s shares closed on Wednesday at C$93.07.
