RBC Capital Remains a Buy on George Weston (WN)
In a report released today, Irene Nattel from RBC Capital maintained a Buy rating on George Weston (WN – Research Report), with a price target of C$284.00. The company’s shares closed today at C$251.26.
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Nattel covers the Consumer Cyclical sector, focusing on stocks such as Dollarama, Casey’s General, and Murphy USA. According to TipRanks, Nattel has an average return of 8.4% and a 61.55% success rate on recommended stocks.
George Weston has an analyst consensus of Moderate Buy, with a price target consensus of C$251.67.
Based on George Weston’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$15.1 billion and a net profit of C$674 million. In comparison, last year the company earned a revenue of C$14.7 billion and had a GAAP net loss of C$28 million
Based on the recent corporate insider activity of 133 insiders, corporate insider sentiment is neutral on the stock.
Read More on TSE:WN:
Disclaimer & DisclosureReport an Issue
- George Weston Limited Launches Automatic Share Purchase Plan
- George Weston price target raised to C$230 from C$221.50 at BMO Capital
- George Weston: Stable Performance with Limited Growth Catalysts Justifies Hold Rating
- George Weston price target lowered to C$264 from C$266 at RBC Capital
- George Weston downgraded to Sector Perform from Outperform at Scotiabank
