Richard Dufresne Sells 10,000 Shares of George Weston Limited (WN) Stock

George Weston Limited (TSE:WN) Senior Officer Richard Dufresne sold 10,000 shares of the stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of C$93.34, for a total transaction of C$933,400.00.

TSE:WN opened at C$91.77 on Friday. The company has a quick ratio of 0.67, a current ratio of 1.23 and a debt-to-equity ratio of 119.35. The firm has a market capitalization of $14.28 billion and a price-to-earnings ratio of 23.00. George Weston Limited has a 12 month low of C$86.72 and a 12 month high of C$111.64.

WN has been the subject of several recent analyst reports. Barclays decreased their price objective on shares of George Weston from C$113.00 to C$96.00 in a research report on Wednesday, November 21st. CIBC decreased their price objective on shares of George Weston from C$114.00 to C$107.00 in a research report on Wednesday, November 21st. Royal Bank of Canada raised their price target on shares of George Weston from C$138.00 to C$139.00 and gave the stock an “outperform” rating in a report on Tuesday, February 26th. Finally, BMO Capital Markets restated an “outperform” rating and issued a C$112.00 price target on shares of George Weston in a report on Wednesday, November 21st.

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About George Weston

George Weston Limited engages in the food processing and distribution business in Canada and internationally. The company's Weston Foods segment produces fresh, frozen, and specialty bakery products, such as breads, rolls, bagels, flatbreads, rye bread, tortillas, doughnuts, cakes, pies, cookies, crackers, and other baked goods through national and regional supermarkets, wholesale and club stores, dollar stores, convenience stores, food service distributors, and outlets.

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