Weston George (WN), the Services sector company, was revisited by a Wall Street analyst on January 25. The company received a Buy on January 25 from RBC Capital’s analyst Irene Nattel, with a C$138 price target.
According to TipRanks.com, Nattel is a 3-star analyst with an average return of 1.1% and a 46.9% success rate. Nattel covers the Services sector, focusing on stocks such as Loblaw Companies Limited, Canadian Tire Corp Ltd, and Casey’s General.
Weston George has an analyst consensus of Moderate Buy, with a price target consensus of C$114.75.
Based on Weston George’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of C$14.86 billion and net profit of C$65 million. In comparison, last year the company earned revenue of C$11.41 billion and had a net profit of C$38 million.
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 Monday at C$94.85.
