RBC Capital Sticks to Its Buy Rating for George Weston (WN)
In a report released yesterday, Irene Nattel from RBC Capital reiterated a Buy rating on George Weston (WN – Research Report), with a price target of C$284.00.
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Nattel covers the Consumer Cyclical sector, focusing on stocks such as Casey’s General, Dollarama, and Aritzia. According to TipRanks, Nattel has an average return of 9.4% and a 62.82% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for George Weston with a C$263.67 average price target.
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 132 insiders, corporate insider sentiment is neutral on the stock.
