Scotiabank Reiterates Their Hold Rating on Weston George (WN)


Weston George (WN), the Services sector company was revisited yesterday, yet the Wall Street analyst remains currently on the sidelines. Analyst Patricia Baker from Scotiabank remains neutral on the stock and has a C$110 price target.

According to TipRanks.com, Baker is a 4-star analyst with an average return of 3.7% and a 56.7% success rate. Baker covers the Services sector, focusing on stocks such as Walgreens Boots Alliance, Loblaw Companies Limited, and Dollarama Inc.

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The word on The Street in general, suggests a Hold analyst consensus rating for Weston George with a C$119.50 average price target.

Weston George’s market cap is currently C$11.75B and has a P/E ratio of 42.5. The company has a Price to Book ratio of 1.69.

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$92.68.

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